Lackawanna Blind Association

Analysis

Lackawanna Blind Association is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in July 1942, 84 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 June 2023, Lackawanna Blind Association reported income of $463k and spending of $514k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $382k to $463k (+21%), an average of +6.6% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lackawanna Blind Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include National Church Residences of Waterford Development Fund Company ($463k), Northside Hospital-Cherokee Auxiliary ($463k) and Laughlin Community Center Inc ($463k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $152k (29% of expenses). Other salaries and wages came to $144k. At year end it held assets of $3.6m against liabilities of $5,333, net assets of $3.6m. It reported 7 employees.