Illinois Society for the Prevention of Blindness

Analysis

Illinois Society for the Prevention of Blindness is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1933, 93 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 March 2024, Illinois Society for the Prevention of Blindness reported income of $263k and spending of $383k, spending 146% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $390k to $263k (-33%), an average of -9.4% a year. The sharpest change came in the year to March 2022, when income rose by 89%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Society for the Prevention of Blindness sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Miami Valley Warhawks Baseball Club ($263k), Self-Estem ($263k) and Crime Prevention Fund ($263k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 51% of the total. At year end it held assets of $5.6m against liabilities of $20k, net assets of $5.5m.