Blinded Veterans Association

Analysis

Blinded Veterans Association is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in August 1946, 80 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 June 2023, Blinded Veterans Association reported income of $1.5m and spending of $1.8m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $1.5m (-37%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blinded Veterans Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Mt Rose Health Center Palliative Care and Hospice Inc ($1.5m), Clinton Community Young Mens Christian Association ($1.5m) and Northland Hospice and Palliative Care Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $116k (6.6% of expenses). Other salaries and wages came to $708k. At year end it held assets of $13.2m against liabilities of $480k, net assets of $12.8m. It reported 13 employees.