Royer Greaves School for Blind

Analysis

Royer Greaves School for Blind is a registered charity in United States, based in Paoli, PA. It received its IRS tax-exemption ruling in March 1947, 79 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Royer Greaves School for Blind reported income of $7.2m and spending of $7.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $7.2m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Royer Greaves School for Blind sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Yeshivath Achei Tmimim of Pittsburgh ($7.2m), Sierra Mental Wellness Group ($7.2m) and Ohio Living Quaker Heights ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $102k (1.4% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $6.8m against liabilities of $1.3m, net assets of $5.4m. It reported 107 employees.