Blind Service Association Inc

Analysis

Blind Service Association Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 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 April 2023, Blind Service Association Inc reported income of $543k and spending of $876k, spending 161% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $2.8m to $543k (-81%), an average of -34% a year. The sharpest change came in the year to April 2020, when income dropped by 67%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blind Service Association Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Meals on Wheels of Central Alabama ($543k), Alliance for Compassion and Educational Development - Aced ($543k) and Fort Smith Childrens Emergency Shelter Foundation ($542k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 33% of the total. Other salaries and wages came to $172k. At year end it held assets of $12.0m against liabilities of $707k, net assets of $11.3m.