Associated Blind Foundation Inc

Analysis

Associated Blind Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2014, 12 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, Associated Blind Foundation Inc reported income of $2.5m and spending of $182k, leaving 93% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 3.1% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Associated Blind Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Matthews Crossing ($2.5m), Brick by Brick Training & Development ($2.5m) and Friends of the Poor and Catherine McAuley Center ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 4.1% of the total. Other salaries and wages came to $67k. At year end it held assets of $9.9m against liabilities of $5,684, net assets of $9.9m. It reported 1 employees.