Central Association for the Blind Inc

Analysis

Central Association for the Blind Inc is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in September 1937, 89 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 December 2023, Central Association for the Blind Inc reported income of $23.6m and spending of $16.8m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.6m to $23.6m (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Association for the Blind Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Church Health Center of Memphis Inc ($23.6m), University Psychiatric Practice Inc ($23.6m) and Buffalo Valley Inc ($23.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $500k (3.0% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $113.7m against liabilities of $14.9m, net assets of $98.8m. It reported 341 employees.