World Federation Of Hemophilia Usa
World Federation Of Hemophilia USA consistently expends nearly all billion-dollar revenues annually with zero reported officer compensation.
EIN: 161513923 · Albany, NY · NTEE: G20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1B |
| Total Expenses | $1.1B |
| Program Spending | 99% |
| Net Assets | $436.6M |
| Transparency Score | 95/100 |
Is World Federation Of Hemophilia Usa Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Federation Of Hemophilia Usa directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About World Federation Of Hemophilia Usa
World Federation Of Hemophilia Usa (EIN: 161513923) is a nonprofit organization based in Albany, NY, classified under NTEE code G20. The organization reported total revenue of $1.1B and total assets of $377.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Federation Of Hemophilia Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Federation Of Hemophilia Usa is a major nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 35.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1B |
| Total Expenses | $1.1B |
| Surplus / Deficit | +$60.4M |
| Total Assets | $437.0M |
| Total Liabilities | $310K |
| Net Assets | $436.6M |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2023, World Federation Of Hemophilia Usa reported a surplus of $60.4M with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), World Federation Of Hemophilia Usa's revenue has grown at a compound annual growth rate (CAGR) of 35.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.2% | +56.4% | +23437.3% |
| 2022 | -16.8% | -16.8% | -7.8% |
| 2021 | +106.5% | +106.6% | +48.1% |
| 2020 | -9.4% | -9.4% | +6.5% |
| 2019 | +15.6% | +15.6% | +21.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates World Federation Of Hemophilia Usa with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, World Federation Of Hemophilia Usa allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $60.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization managing over a billion dollars in revenue annually and suggests that leadership may be compensated through an affiliated entity or that the organization's structure does not involve traditional officer salaries reported on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of World Federation Of Hemophilia Usa's IRS 990 filings:
- 0% officer compensation reported for an organization with over a billion dollars in revenue, which is highly unusual and may indicate compensation through other means not transparently reported on the 990.
- Dramatic and unexplained increase in assets from $1.8 million in 2022 to $436 million in 2023, requiring further clarification on the source and nature of these assets.
Strengths
The following positive indicators were identified for World Federation Of Hemophilia Usa:
- Extremely high program spending efficiency, with nearly all revenue consistently expended each year (e.g., $1,070,872,912 expenses against $1,131,296,825 revenue in 2023).
- Consistently low liabilities relative to revenue and assets, indicating sound financial management and a low debt burden (e.g., $309,970 in liabilities in 2023).
- Significant scale of operations, managing over a billion dollars in revenue annually, suggesting a substantial impact in its mission area.
Frequently Asked Questions about World Federation Of Hemophilia Usa
Is World Federation Of Hemophilia Usa a legitimate charity?
World Federation Of Hemophilia Usa (EIN: 161513923) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.1B. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does World Federation Of Hemophilia Usa spend its money?
World Federation Of Hemophilia Usa directs 99% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to World Federation Of Hemophilia Usa tax-deductible?
World Federation Of Hemophilia Usa is registered as a tax-exempt nonprofit (EIN: 161513923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does World Federation Of Hemophilia Usa compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), World Federation Of Hemophilia Usa is above average for NTEE category G20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is World Federation Of Hemophilia Usa located?
World Federation Of Hemophilia Usa is headquartered in Albany, New York and files with the IRS under EIN 161513923. It is classified under NTEE code G20.
How many years of IRS 990 filings does World Federation Of Hemophilia Usa have?
World Federation Of Hemophilia Usa has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1B in total revenue.
How does World Federation Of Hemophilia USA manage to report 0% officer compensation despite handling over a billion dollars in revenue?
The consistent reporting of 0% officer compensation suggests that key leadership may be compensated through an affiliated entity, or that the organization's operational model does not involve traditional officer salaries reported on the 990. This warrants further investigation into their organizational structure and related party transactions.
What is the nature of the significant increase in assets from approximately $2 million in 2022 to $436 million in 2023?
The dramatic increase in assets from $1,856,452 in 2022 to $436,959,567 in 2023 is a critical financial event that requires detailed examination. It could represent a large endowment, a significant capital acquisition, or a change in accounting for certain funds, and understanding its source and purpose is key to assessing financial stability.
Given the extremely narrow margin between revenue and expenses, how does the organization maintain operational stability and build reserves?
The consistently narrow margin between revenue and expenses (e.g., $1,131,296,825 revenue vs. $1,070,872,912 expenses in 2023) indicates a highly efficient or pass-through model. While this suggests strong program spending, it also raises questions about how the organization builds reserves for future stability or unexpected events, especially prior to the significant asset increase in 2023.
Filing History
IRS 990 filing history for World Federation Of Hemophilia Usa showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), World Federation Of Hemophilia Usa's revenue has grown by 4962.7%, moving from $22.3M to $1.1B. Total assets increased by 160152.7% over the same period, from $273K to $437.0M. Total functional expenses rose by 4701.7%, from $22.3M to $1.1B. In its most recent filing year (2023), World Federation Of Hemophilia Usa reported a surplus of $60.4M, with revenue exceeding expenses. The organization holds $310K in liabilities against $437.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $436.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1B | $1.1B | $437.0M | $310K | — | — |
| 2022 | $684.6M | $684.5M | $1.9M | $721K | — | — |
| 2021 | $823.0M | $822.8M | $2.0M | $999K | — | View 990 |
| 2020 | $398.5M | $398.3M | $1.4M | $498K | — | View 990 |
| 2019 | $439.9M | $439.8M | $1.3M | $527K | — | View 990 |
| 2018 | $380.7M | $380.6M | $1.0M | $359K | — | View 990 |
| 2017 | $354.6M | $354.6M | $1.3M | $669K | — | View 990 |
| 2016 | $326.4M | $326.4M | $764K | $203K | — | View 990 |
| 2015 | $98.1M | $98.1M | $828K | $411K | — | View 990 |
| 2014 | $24.8M | $24.8M | $890K | $533K | — | View 990 |
| 2013 | $32.5M | $32.4M | $464K | $149K | — | View 990 |
| 2012 | $34.7M | $34.6M | $405K | $124K | — | View 990 |
| 2011 | $45.3M | $45.3M | $249K | $950 | — | View 990 |
| 2010 | $22.3M | $22.3M | $273K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1B, expenses of $1.1B, and assets of $437.0M (revenue +65.2% year-over-year).
- 2022: Revenue of $684.6M, expenses of $684.5M, and assets of $1.9M (revenue -16.8% year-over-year).
- 2021: Revenue of $823.0M, expenses of $822.8M, and assets of $2.0M (revenue +106.5% year-over-year).
- 2020: Revenue of $398.5M, expenses of $398.3M, and assets of $1.4M (revenue -9.4% year-over-year).
- 2019: Revenue of $439.9M, expenses of $439.8M, and assets of $1.3M (revenue +15.6% year-over-year).
- 2018: Revenue of $380.7M, expenses of $380.6M, and assets of $1.0M (revenue +7.3% year-over-year).
- 2017: Revenue of $354.6M, expenses of $354.6M, and assets of $1.3M (revenue +8.7% year-over-year).
- 2016: Revenue of $326.4M, expenses of $326.4M, and assets of $764K (revenue +232.8% year-over-year).
- 2015: Revenue of $98.1M, expenses of $98.1M, and assets of $828K (revenue +296.2% year-over-year).
- 2014: Revenue of $24.8M, expenses of $24.8M, and assets of $890K (revenue -23.8% year-over-year).
- 2013: Revenue of $32.5M, expenses of $32.4M, and assets of $464K (revenue -6.3% year-over-year).
- 2012: Revenue of $34.7M, expenses of $34.6M, and assets of $405K (revenue -23.5% year-over-year).
- 2011: Revenue of $45.3M, expenses of $45.3M, and assets of $249K (revenue +102.9% year-over-year).
- 2010: Revenue of $22.3M, expenses of $22.3M, and assets of $273K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Federation Of Hemophilia Usa:
Data Sources and Methodology
This transparency report for World Federation Of Hemophilia Usa is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.