Greater Detroit Agency for the Blind and Visually Impaired

Analysis

Greater Detroit Agency for the Blind and Visually Impaired is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in October 1956, 70 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Greater Detroit Agency for the Blind and Visually Impaired reported income of $174k and spending of $705k, spending 404% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $363k to $174k (-52%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 150% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greater Detroit Agency for the Blind and Visually Impaired sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Ihe International Inc ($174k), Multicultural Health Institute ($174k) and Iowa Lutheran Hospital Auxiliary ($174k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $86k (12% of expenses). Other salaries and wages came to $149k. At year end it held assets of $2.2m against liabilities of $425k, net assets of $1.8m. It reported 6 employees.