Metrolina Association for the Blind Inc

Analysis

Metrolina Association for the Blind Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 1939, 87 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 June 2023, Metrolina Association for the Blind Inc reported income of $3.8m and spending of $4.3m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $3.8m (+8.5%), an average of +2.0% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Metrolina Association for the Blind Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Covenant Health Network ($3.8m), Karens Helping Hands ($3.8m) and American Friends Shamir Medical Center ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $915k (21% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.7m against liabilities of $1.2m, net assets of $517k. It reported 42 employees.