W R Torres Foundation for the Blind

Analysis

W R Torres Foundation for the Blind is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, W R Torres Foundation for the Blind reported income of $52k and spending of $39k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $46k to $52k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2020, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, W R Torres Foundation for the Blind sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 11th percentile within DC. Charities of a similar size with the same main cause include Heal the Nations Inc ($52k), American Friends of the Aladdin Project Inc ($52k) and Unified in Mission ($52k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 75% of the total. At year end it held assets of $35k against liabilities of $40k, net assets of -$4,282.