New Hampshire Association for the Blind

Analysis

New Hampshire Association for the Blind is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in May 1949, 77 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, New Hampshire Association for the Blind reported income of $2.9m and spending of $2.8m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $3.3m to $2.9m (-12%), an average of -3.3% a year. The sharpest change came in the year to August 2021, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hampshire Association for the Blind sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NH. Charities of a similar size with the same main cause include Parkinson & Movement Disorder Alliance ($2.9m), Atlantic County Economic Alliance Inc ($2.9m) and Society for Personality and Social Psychology Inc ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $355k (13% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $11.8m against liabilities of $150k, net assets of $11.6m. It reported 45 employees.