Associated Blind Housing Development Fund Inc

Analysis

Associated Blind Housing Development Fund Inc is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 July 2024, Associated Blind Housing Development Fund Inc reported income of $11.9m and spending of $9.7m, spending 82% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $8.0m to $11.9m (+49%), an average of +10% a year. The sharpest change came in the year to July 2023, when income rose by 30%. Over the whole period it spent 123% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Associated Blind Housing Development Fund 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 Rochester Management Inc ($11.9m), Haven Hubbard Homes Inc ($11.9m) and Loveland Elder Green House Homes for Life Enrichment a Colorado Non ($11.9m).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $834k. At year end it held assets of $61.8m against liabilities of $69.7m, net assets of -$7.9m. It reported 10 employees.