Florida Outreach Center for the Blind Inc

Analysis

Florida Outreach Center for the Blind Inc is a registered charity in United States, based in Palm Springs, FL. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Florida Outreach Center for the Blind Inc reported income of $403k and spending of $350k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $403k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Florida Outreach Center for the Blind Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Destiny Christian Church ($403k), Holmes County Council on Aging Inc ($403k) and Family Resource Center Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $63k (18% of expenses). Other salaries and wages came to $127k. At year end it held assets of $1.1m against liabilities of $11k, net assets of $1.1m. It reported 6 employees.