Carroll Center for the Blind Inc

Analysis

Carroll Center for the Blind Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in June 1956, 70 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, Carroll Center for the Blind Inc reported income of $7.9m and spending of $7.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $7.9m (+9.3%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carroll Center for the Blind Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Darsalud Community Center Inc ($7.9m), Womens and Mens Health Services of the Coastal Bend Inc ($7.9m) and Jacaranda Health ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $801k (11% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $12.6m against liabilities of $534k, net assets of $12.0m. It reported 147 employees.