Blindsight Delaware Inc

Analysis

Blindsight Delaware Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in December 1959, 67 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Blindsight Delaware Inc reported income of $205k and spending of $409k, spending 199% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $284k to $205k (-28%), an average of -7.8% a year. The sharpest change came in the year to June 2022, when income rose by 187%. Over the whole period it spent 174% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Blindsight Delaware Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 49th percentile within DE. Charities of a similar size with the same main cause include Safety and Health Training Center Inc ($205k), Bonnell Foundation Living with Cystic Fibrosis ($205k) and Kirby Foundation ($205k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $93k (23% of expenses). Other salaries and wages came to $69k. At year end it held assets of $3.1m against liabilities of $39k, net assets of $3.0m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.