Visions Services for the Blind and Visually Impaired

Analysis

Visions Services for the Blind and Visually Impaired is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1956, 70 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 September 2023, Visions Services for the Blind and Visually Impaired reported income of $11.1m and spending of $14.0m, spending 127% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.9m to $11.1m (+12%), an average of +2.8% a year. The sharpest change came in the year to September 2020, when income rose by 50%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Visions Services for the Blind and Visually Impaired sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Rena Day Care Centers Inc ($11.1m), Jewish Community Center of Greater Buffalo Inc ($11.1m) and Alternative Services Inc of Connecticut ($11.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $1.3m (9.3% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $118.3m against liabilities of $954k, net assets of $117.4m. It reported 211 employees.