Virginia Association of Workers for the Blind

Analysis

Virginia Association of Workers for the Blind is a registered charity in United States, based in Burkeville, VA. It received its IRS tax-exemption ruling in March 1941, 85 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 May 2024, Virginia Association of Workers for the Blind reported income of $56k and spending of $109k, spending 196% of what it took in. Across the 5 years on record, from May 2019 to May 2024, income fell from $77k to $56k (-28%), an average of -7.9% a year. The sharpest change came in the year to May 2022, when income rose by 102%. Over the whole period it spent 142% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virginia Association of Workers for the Blind sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Megan Lally Memorial Fund Inc ($56k), Aspirus Iron Area Health Foundation ($56k) and Cornerstone for Life ($56k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 45% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $6,000 (5.5% of expenses). Other salaries and wages came to $19k. At year end it held assets of $284k against liabilities of $800, net assets of $283k.

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.