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Financial Transparency

Operating financials

Memorial Blood Centers is a division of New York Blood Center, Inc., a 501(c)(3) organization that is audited annually. Nearly 85% of the organization’s operational expenses directly support our life-saving mission.

Where the money comes from

Service fees on units delivered—From hospital partners for blood products and services, based on collection, processing, testing, recruitment, and distribution costs.

Laboratory service fees—From hospitals for products and services.

Financial contributors—Generous donations of cash, stock, life insurance proceeds, and other monetary gifts from philanthropic individuals, foundations, and corporations.

Where the money goes

The chart below reflects the classification of expenses for FY 2019:

85.2%  Program Costs to Support our Mission

14.5%  General & Administrative

0.3%    Marketing & Development

Learn More

Who we are
Mission, Vision, and Values
Leadership and Governance
Who We Serve
Our History