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Lifeshare Blood Center

EIN 72-0511367 · Shreveport, LA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair58 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Raising each dollar of donations cost 117 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE MISSION OF LIFESHARE BLOOD CENTER IS TO CONNECT DONORS AND THE LIVES THEY IMPACT.

Income
$46.5 million
Spending
$46.8 million
Spent on programs
79%
Reserves
3.7 months of spending
Largest source of income
fees for its services, 96%
Employees
606
Volunteers
100,000
Highest pay
$746,327, president, ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 58 out of 100.

  • Reserves

    20 of 35

    Spendable reserves would cover 3.7 months of spending.

  • Debt

    20 of 20

    It owes 12% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    10 of 15

    Income fell 3% on the year before.

  • Spending floor

    0 of 15

    79% of spending went to programs and raising each dollar of donations cost 117 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $34.4 million spent. COLLECT, PROCESS, AND DISTRIBUTE VOLUNTARILY DONATED BLOOD COMPONENTS FOR USE BY PATIENTS. PERFORM APHERESIS, LABORATORY AND SCIENTIFIC SUPPORT SERVICES RELATED TO PROVISION OF BLOOD COMPONENTS FOR USE BY PATIENTS. CONDUCT PUBLIC EDUCATION AND AWARENESS PROGRAMS FOR THE PURPOSE OF RECRUITING VOLUNTEER BLOOD DONORS.
  2. $513,577 spent. LIFESHARE BIOLOGICS: HOME TO THREE STATE-OF-THE-ART CLEANROOMS, RATED ISO 8, 7, AND 6, WITH A BIOSAFETY LAMINAR FLOW HOOD RATEDISO 5. OUR TEAMS ISOLATE, EXPAND, AND FREEZE HUMAN PLACENTALMESENCHYMAL STROMAL/STEM CELLS (MSC), AS WELL AS HUMAN UMBILICAL CORDENDOTHELIAL CELLS (HUVEC) AND AMNION.
  3. $1.8 million spent. PELICAN PLASMA: COLLECT PLASMA - THE MOST LIQUID PORTION OF YOUR BLOODTHAT HELPS TRANSPORT NUTRIENTS, ENZYMES, WASTE AND OTHER MATTERTHROUGHOUT YOUR BODY.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 1958.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.