EHealth CareEIN: 911019655

Bloodworks

Seattle, Washington

BHealth Score
55B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.54×
Peer Median0.50×
💰
$154.2M
Total Revenue
📊
$150.4M
Total Expenses
🏦
$81.0M
Net Assets
📋
$31.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.8%
Year-over-year change (2022 → 2023)
Net Margin
+2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.54
Net assets divided by total expenses
Liabilities-to-Assets
28.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$154,247,40115%$150,376,49210%$112,716,61412%
2022$134,313,33828%$136,370,22021%$100,462,1615%
2021$185,761,0266%$173,456,70719%$105,722,67015%
2020$198,443,5525%$213,969,320$124,042,32311%
2019$209,722,9366%$213,177,1575%$139,133,7996%
2018$197,932,3083%$203,735,06712%$147,232,810
2017$191,664,4836%$181,195,101$147,198,6625%
2016$180,862,8523%$180,800,6389%$140,073,3861%
2015$175,719,1188%$166,263,3633%$138,760,4825%
2014$162,925,0087%$161,521,7404%$132,304,8212%
2013$152,161,2584%$155,044,8103%$129,109,8465%
2012$159,300,5821%$159,402,3073%$123,331,1452%
2011$160,896,149$154,032,726$125,522,597

Frequently Asked Questions

What does Bloodworks do?

Bloodworks is a health care nonprofit organization based in Washington. It is classified under NTEE code E610 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bloodworks financially healthy?

Based on our 9-metric Financial Health Score model, Bloodworks has a score of 55/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Bloodworks generate?

Bloodworks reports $159.8M in annual revenue and holds $112.3M in total assets, based on IRS filings.

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