Jewish Guild for the Blind

Analysis

Jewish Guild for the Blind is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1941, 85 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Jewish Guild for the Blind reported income of $15.6m and spending of $5.4m, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $15.6m (+274%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Guild for the Blind 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 95th percentile within NY. Charities of a similar size with the same main cause include United American Indian Involvement ($15.5m), Midnight Mission ($15.6m) and Every Arkansan Inc ($15.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $199k (3.7% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $19.6m against liabilities of -$33.1m, net assets of $52.8m. It reported 234 employees.