Akron Blind Center & Workshop Inc

Analysis

Akron Blind Center & Workshop Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in November 1951, 75 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Akron Blind Center & Workshop Inc reported income of $108k and spending of $164k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $127k to $108k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. 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, Akron Blind Center & Workshop Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include PTA Texas Congress ($108k), Livingston First Aid Squad Inc ($108k) and Transformations by Austin Angels ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $69k (42% of expenses). At year end it held assets of $2.0m against liabilities of $25k, net assets of $2.0m. It reported 1 employees.