American Red Cross

Profile Not Current (Last updated: Jan 09, 2026 )

Current Fiscal Year

Fiscal Year Start Date: July 1, 2024

Fiscal Year End Date: June 30, 2025

Projected Revenue: $27,842,731

Projected Expense: $27,842,731

Revenue vs. Expense ($)
Expense Breakdown: 2024 (%)
Administration Expense 0.1%
Program Expense 91.2%
Fundraising Expense 0.4%
Expense Breakdown: 2023 (%)
Administration Expense 3.4%
Program Expense 90.6%
Fundraising Expense 6.1%
Expense Breakdown: 2022 (%)
Administration Expense 3.2%
Program Expense 90.6%
Fundraising Expense 6.2%

990 Tax Form Newest 990 Year opens each June

Tax Year 2024 Form 990 (Fiscal Year ending in 2024)
Tax Year 2023 Form 990 (Fiscal Year ending in 2023) Download
Tax Year 2022 Form 990 (Fiscal Year ending in 2022) Download
Tax Year 2021 Form 990 (Fiscal Year ending in 2021) Download

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2024 2023 2022
Total Revenue $3,804,377,344 $3,217,077,611 $3,182,229,338
Total Expenses $3,530,489,124 $2,971,106,889 $3,048,182,336

Prior Three Years Revenue Sources

Fiscal Year 2024 2023 2022
Foundation and Corporation Contributions - $814,273,372 $962,822,080
Government Contributions $539,610,554 $54,255,784 $44,423,398
Federal - - -
State - - -
Local - - -
Unspecified - - -
Individual Contributions - - -
Indirect Public Support - $19,985,486 $22,148,682
Earned Revenue $2,326,747,468 $2,193,327,021 $2,044,039,148
Investment Income, Net of Losses $79,156,198 $82,218,159 $60,268,572
Membership Dues - - -
Special Events - $12,884,612 $12,841,867
Revenue In-Kind $14,060,237 $16,877,496 $17,322,590
Other Revenue $66,527,830 $127,742,253 $107,756,618

Prior Three Years Expense Allocations by Type

Fiscal Year 2024 2023 2022
Program Expense $3,219,189,859 $2,691,201,823 $2,761,440,849
Administration Expense $4,966,456 $100,067,599 $97,856,771
Fundraising Expense $13,665,774 $179,837,467 $188,884,716
Payments to Affiliates - - -
Total Revenue/Total Expenses 1.08 1.08 1.04
Program Expense/Total Expenses 91% 91% 91%
Fundraising Expense/Total Revenue 0% 6% 6%

Prior Three Years Assets and Liabilities

Fiscal Year 2024 2023 2022
Total Assets $4,565,143,729 $4,028,321,133 $3,872,181,875
Current Assets $1,875,516,242 $1,742,864,585 $1,628,114,999
Long-Term Liabilities $704,400,012 - $334,041
Current Liabilities $438,159,876 $495,617,476 $654,241,929
Total Net Assets $3,422,583,841 $3,019,994,931 $2,700,290,098

Short Term Solvency

Fiscal Year 2024 2023 2022
Current Assets/Current Liabilities 4.28 3.52 2.49

Long Term Solvency

Fiscal Year 2024 2023 2022
Long Term Liabilities/Total Assets 15% - 0%

Endowment/Capital Campaigns

Are you currently in a Capital Campaign? No