Childrens Center for the Visually Impaired

Analysis

Childrens Center for the Visually Impaired is a registered charity in United States, based in Blue Springs, MO. It received its IRS tax-exemption ruling in December 1959, 67 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Childrens Center for the Visually Impaired reported income of $3.3m and spending of $3.6m, spending 109% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $3.6m to $3.3m (-8.7%), an average of -3.0% a year. The sharpest change came in the year to July 2023, when income dropped by 35%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Center for the Visually Impaired sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Baton Rouge Soccer Association ($3.3m), Boys & Girls Club of Manhattan Inc ($3.3m) and Planet Water Foundation ($3.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 47% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $130k (3.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $12.6m against liabilities of $128k, net assets of $12.5m. It reported 56 employees.