Evansville Assn for the Blind

Analysis

Evansville Assn for the Blind is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in August 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Evansville Assn for the Blind reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.4m to $1.3m (-4.6%), an average of -1.2% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Evansville Assn for the Blind sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Caldwell County Yokefellow Inc ($1.3m), Families Forward Charlotte Inc ($1.3m) and Gifts of Love Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $83k (6.3% of expenses). Other salaries and wages came to $707k. At year end it held assets of $4.9m against liabilities of $237k, net assets of $4.6m. It reported 55 employees.