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Via Visually Impaired Advancement

RegisteredEIN 16-0743930Buffalo, NYPoverty relief
Income$16.0m2024-06
Spending$13.6msame year
Spent / received94%5-year average
Size in its cause96th pctPoverty relief
Exempt since1942Publicly supported organisat
Employees193latest return

Analysis

Via Visually Impaired Advancement is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Via Visually Impaired Advancement reported income of $16.0m and spending of $13.6m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $11.1m to $16.0m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Via Visually Impaired Advancement 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 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Presbyterian Manor Inc ($16.0m), Isaiah 117 House ($16.0m) and Hospice of Central Pennsylvania ($16.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $824k (6.1% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $20.2m against liabilities of $3.1m, net assets of $17.1m. It reported 193 employees.

Income and spending

$0$4.0m$8.0m$12.0m$16.0m2020 Income: $11,075,5932020 Spending: $11,944,86220202021 Income: $15,942,6852021 Spending: $15,100,05720212022 Income: $14,987,7182022 Spending: $13,271,89620222023 Income: $13,894,5932023 Spending: $13,761,57820232024 Income: $16,037,1742024 Spending: $13,552,7002024
IncomeSpending

Where the income comes from

  • Contributions & grants 23%
  • Program services 74%
  • Other 3.4%

Similar-sized charities, same cause

CharityLocationIncome
Presbyterian Manor IncWichita Falls$16.0m
Isaiah 117 HouseElizabethton$16.0m
Hospice of Central PennsylvaniaHarrisburg$16.0m
Human Resources Center IncHonesdale$16.1m