Braille Library & Transcribing Services Inc

Analysis

Braille Library & Transcribing Services Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 1972, 54 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, Braille Library & Transcribing Services Inc reported income of $92k and spending of $70k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $92k (+152%), an average of +152% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Braille Library & Transcribing Services Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within WI. Charities of a similar size with the same main cause include American Society of Civil Engineers ($92k), Gabriel Park Preschool of Portland Oregon ($92k) and Danvers Alarm List Company Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 13% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.