Association for the Mutiple Impaired Blind

Analysis

Association for the Mutiple Impaired Blind is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in June 1973, 53 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 June 2023, Association for the Mutiple Impaired Blind reported income of $13.9m and spending of $10.8m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.8m to $13.9m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Association for the Mutiple Impaired Blind 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 97th percentile within NJ. Charities of a similar size with the same main cause include Community Youth Services ($13.8m), Sarah Tuxis Residential Services Inc ($13.9m) and Hospice of Acadiana Inc ($13.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $210k (1.9% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $31.2m against liabilities of $2.3m, net assets of $28.9m. It reported 195 employees.