Tri-State Independent Blind Society Inc

Analysis

Tri-State Independent Blind Society Inc is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in October 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Tri-State Independent Blind Society Inc reported income of $335k and spending of $422k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $390k to $335k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri-State Independent Blind Society Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within IA. Charities of a similar size with the same main cause include United Families ($335k), Association of Indians in America Inc ($335k) and The Human Utility ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $50k (12% of expenses). Other salaries and wages came to $116k. At year end it held assets of $2.5m against liabilities of $461k, net assets of $2.1m. It reported 14 employees.