Montgomery County Association for the Blind Inc

Analysis

Montgomery County Association for the Blind Inc is a registered charity in United States, based in Norristown, PA. It received its IRS tax-exemption ruling in September 1951, 75 years ago. 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 December 2023, Montgomery County Association for the Blind Inc reported income of $531k and spending of $595k, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $276k to $531k (+93%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 167%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montgomery County Association for the Blind Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include New Hope Arts Inc ($531k), Friends of the Alameda Free Library Inc ($531k) and Sikh Religious Society of Wisconsin ($531k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 56% of the total. Other salaries and wages came to $272k. At year end it held assets of $2.4m against liabilities of $26k, net assets of $2.3m. It reported 15 employees.