American Red Cross

Nonprofit profile at a glance

EIN
530196605
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Washington, DC, United States
Phone
1-800-RED-CROSS (1-800-733-2767)
Rating
82
Verdict
STRONG
Rating confidence
Standard
Sector
Human Services

Official website

Reported finances

Revenue
$3,916,983,933
Expenses
$3,285,857,544
Assets
$5,052,941,623
Liabilities
$936,710,734

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • CLIFFORD HOLTZ (PRESIDENT & CEO AS OF 7/1/2024)
  • GAIL MCGOVERN (Pres/CEO thru 6/30/24/Board Chair 7/1/24-6/30/25)
  • CHRIS HROUDA (PRESIDENT, BIOMEDICAL SERVICES)
  • TREVOR RIGGEN (PRESIDENT, HUMANITARIAN SERVICES)
  • JACK MCMASTER (PRESIDENT, TRAINING SERVICES)

Highest reported compensation

  • CLIFFORD HOLTZ (PRESIDENT & CEO AS OF 7/1/2024): $989,075 total reported compensation
  • CHRIS HROUDA (PRESIDENT, BIOMEDICAL SERVICES): $928,973 total reported compensation
  • BRIAN RHOA (CHIEF INVESTMENT OFFICER): $770,895 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The American Red Cross prevents and alleviates human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors.

What it reported doing in 2024

Domestic disaster services: the american red cross responds to about 60,000 disasters every year. The american red cross helps communities prepare for, respond to and recover from disasters by providing food, shelter, relief supplies, emotional comfort, health services, financial assistance and other support to help people in their time of greatest need. In fy25, more than 249,000 households received over 1,200,000 relief items and more than 274,000 overnight shelter and hotel stays were provided. Major disaster responses in fy25 include but are not limited to: hurricane beryl, hurricane debby, hurricane helene, hurricane milton, hurricane francine, los angeles wildfires, storms and floods in the midwest and the south; and wildfires out west. The american red cross long term recovery efforts are ongoing in many of these disaster-impacted communities.

Operating model

Revenue model
Other-operating. 65% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 91% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 84
  • Accountability: 90
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.8%; rating input score 77
  • Program expense ratio: 90.8%; rating input score 91
  • Fundraising efficiency: $6.73 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 31st percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Pass
  • Grant itemization coverage: 89.4%; rating input score 89; 22nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 31st percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 16.1%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.54; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 0.3%; rating input score 89; 89th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 12th percentile among comparable filings
  • Revenue growth: 0.5% per year; rating input score 100; 7th percentile among comparable filings
  • Asset growth: 0.9% per year; rating input score 100; 10th percentile among comparable filings

Details

  • What they do: 8 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 76.8% of revenue deployed · 90.8% of spending went to programs
  • Governance: 10 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 7 filed program accomplishments · $3B in reported program spending
  • Leadership: top reported pay $989K · 26 people listed · 6 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $74.3M reported
  • Consistency: 43 of 44 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes foreign activity, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.