Midwest Enterprises for the Blind Inc

Analysis

Midwest Enterprises for the Blind Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in August 1993, 33 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 December 2023, Midwest Enterprises for the Blind Inc reported income of $2.2m and spending of $2.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.2m (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 30%. 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, Midwest Enterprises for the Blind Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Casa of Adams & Broomfield Counties Inc ($2.2m), Center of Protective Environment Inc ($2.2m) and The American Friends of Beit Issie Shapiro Inc ($2.2m).

Compensation of current officers, directors and key employees was $304k (15% of expenses). Other salaries and wages came to $482k. At year end it held assets of $6.2m against liabilities of $325k, net assets of $5.9m. It reported 25 employees.