Audio & Braille Literacy Enhancement Inc

Analysis

Audio & Braille Literacy Enhancement Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 1988, 38 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Audio & Braille Literacy Enhancement Inc reported income of $530k and spending of $486k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $530k (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Audio & Braille Literacy Enhancement Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Western New York Integrated Care Collaborative Inc ($530k), Jar of Hope ($530k) and Kings Daughters Health Foundation Inc ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $63k (13% of expenses). Other salaries and wages came to $262k. At year end it held assets of $943k against liabilities of $62k, net assets of $882k. It reported 12 employees.