No Halo News · Sourced development
Red Cross reported $3.96 billion in fiscal 2025 operating revenue and gains
For the fiscal year from July 1, 2024, through June 30, 2025, the American Red Cross reported $3.964 billion in operating revenue and gains, $3.333 billion in operating expenses and $4.116 billion in net assets. Products and services generated 63% of revenue, while contributions accounted for 34%.
Status matters. This page records a sourced development, not a completed No Halo investigation. An allegation is not a finding. Dismissals, settlements, judgments, corrections and final outcomes remain distinct.
Donor relevance
Why this matters
The figures show the charity's substantial operating scale, diversified revenue base and reported financial capacity during a period of major disaster responses and continuing litigation.
Attribution
Who reported or established this
The figures were reported by the American Red Cross in its fiscal 2025 annual report.
Evidence limits
What remains unverified
No Halo has not independently evaluated the effectiveness of the programs funded by these expenditures or reviewed every underlying transaction. Financial scale alone does not establish program impact.
Right of reply
Organization response
The annual report is the organization's own financial and operational disclosure.
Classification
How No Halo records this event
Event type: Other Material Event. Current state: Reported. No Halo preserves the current procedural state rather than treating every mention as a finding.
Published January 1, 2026 · Last verified October 9, 2026. See an error or a later outcome? Submit a correction or right of reply.