American Council of the Blind Enterprises and Services Inc

Analysis

American Council of the Blind Enterprises and Services Inc is a registered charity in United States, based in Brooklyn Center, MN. It received its IRS tax-exemption ruling in October 1979, 47 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Council of the Blind Enterprises and Services Inc reported income of $1.1m and spending of $859k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.1m (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Council of the Blind Enterprises and Services 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 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Hope of East Tennessee Inc ($1.1m), Wayne Counseling Center Inc ($1.1m) and Interim House Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $18k (2.1% of expenses). Other salaries and wages came to $408k. At year end it held assets of $1.0m against liabilities of $477k, net assets of $545k. It reported 31 employees.