Arizona Industries for the Blind

Analysis

Arizona Industries for the Blind is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Arizona Industries for the Blind reported income of $12.2m and spending of $9.6m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.9m to $12.2m (+23%), an average of +5.3% a year. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arizona Industries for the Blind sits at the 97th 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 95th percentile within AZ. Charities of a similar size with the same main cause include Greenlining Institute ($12.2m), Salesmanship Club of Dallas ($12.2m) and Carter Street Corporation ($12.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $626k (6.5% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $26.1m against liabilities of $8.6m, net assets of $17.5m. It reported 113 employees.