Guide Dog Foundation for the Blind Inc

Analysis

Guide Dog Foundation for the Blind Inc is a registered charity in United States, based in Smithtown, NY. It received its IRS tax-exemption ruling in January 1950, 76 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Guide Dog Foundation for the Blind Inc reported income of $11.6m and spending of $7.1m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $11.6m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2020, when income rose by 37%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guide Dog Foundation for the Blind Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Aloha House Inc ($11.6m), American Academy of Child & Adoles ($11.6m) and Church of God Home Inc ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $1.7m (23% of expenses). Other salaries and wages came to $241k. It paid $75k in professional fundraising fees. At year end it held assets of $53.7m against liabilities of $1.8m, net assets of $52.0m. It reported 172 employees.