Southern Tier Association for the Visually Impaired Incorporated

Analysis

Southern Tier Association for the Visually Impaired Incorporated is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in April 1943, 83 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 June 2023, Southern Tier Association for the Visually Impaired Incorporated reported income of $1.0m and spending of $849k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $938k to $1.0m (+9.2%), an average of +3.0% a year. The sharpest change came in the year to June 2023, when income rose by 712%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southern Tier Association for the Visually Impaired Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include A Place Called Home Youth Services Inc ($1.0m), Cancer Research Foundation ($1.0m) and Family Support Organization of Cumberland Gloucester Salem ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $166k (20% of expenses). Other salaries and wages came to $397k. At year end it held assets of $9.5m against liabilities of $125k, net assets of $9.4m. It reported 10 employees.