Health Care
(E61Z)
IRS Verified
DX Registered
990 on File
SUNCOAST COMMUNITIES BLOOD BANK INC
Financial strength (30%)
64/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
SunCoast Blood Bank provides a reliable supply of quality blood products and services to hospitals and health centers in need. Our singular purpose is to collect, test, process, match, store and distribute all the blood products required to serve the hospitals and health centers in our community.
Financial Overview — FY 2024
$19.1M
Total Revenue
$18.0M
Total Expenses
$16.4M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
95.4%
Fundraising Efficiency
692.2%
Operating Reserve
10.90x
Liability-to-Asset
22.8%
Revenue Diversification
85.6%
Compared with Peers
FY 2024
Compared with 2,013 similar organizations
(United States, Health Care, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
95.4% | 84.6% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.6% | 14.6% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
692.2% | 270.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.9 mo | 6.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
22.8% | 35.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.6% | 92.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
10.5% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.4% | 7.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.5% | 1.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $19.1M | $18.0M | $16.4M | 95.4% | 0 |
| 2023 | $17.3M | $16.8M | $15.3M | 94.0% | 182 |
| 2022 | $15.4M | $16.4M | $14.6M | 94.1% | 180 |
| 2021 | $21.8M | $16.6M | N/A | — | 166 |
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