Hadley Institute for the Blind and Visually Impaired

Analysis

Hadley Institute for the Blind and Visually Impaired is a registered charity in United States, based in Winnetka, IL. It received its IRS tax-exemption ruling in October 1954, 72 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hadley Institute for the Blind and Visually Impaired reported income of $8.1m and spending of $9.4m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.4m to $8.1m (-3.9%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 159%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hadley Institute for the Blind and Visually Impaired sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Central Bible University ($8.1m), Propel Charter School-Hazelwood ($8.1m) and Craig School ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $1.5m (16% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $96.6m against liabilities of $604k, net assets of $96.0m. It reported 67 employees.