Assoc for Education & Rehbltatn of the Blind & Visually Impaired

Analysis

Assoc for Education & Rehbltatn of the Blind & Visually Impaired is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in December 1984, 42 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 December 2022, Assoc for Education & Rehbltatn of the Blind & Visually Impaired reported income of $948k and spending of $821k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $609k to $948k (+56%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Assoc for Education & Rehbltatn of the Blind & Visually Impaired sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Personal Enrichment Program Inc ($948k), Anchor House Inc ($948k) and Sexual Assault Crisis and Support ($948k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $44k (5.4% of expenses). Other salaries and wages came to $166k. At year end it held assets of $710k against liabilities of $271k, net assets of $439k. It reported 4 employees.