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National Society to Prevent Blindness

RegisteredEIN 56-6088141Raleigh, NCPoverty relief
Income$1.8m2024-03
Spending$1.7msame year
Spent / received91%5-year average
Size in its cause82nd pctPoverty relief
Exempt since1990Publicly supported organisat
Employees37latest return

Analysis

National Society to Prevent Blindness is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 1990, 36 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 March 2024, National Society to Prevent Blindness reported income of $1.8m and spending of $1.7m, spending 91% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.5m to $1.8m (+22%), an average of +5.1% a year. The sharpest change came in the year to March 2023, when income rose by 17%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Society to Prevent Blindness sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Foundation of the Methodist Home of South Georgia Conference Inc ($1.8m), Stillwater Domestic Violence Services Inc ($1.8m) and Proyecto Juan Diego Inc ($1.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 78% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $206k (12% of expenses). Other salaries and wages came to $636k. At year end it held assets of $5.0m against liabilities of $555k, net assets of $4.4m. It reported 37 employees.

Income and spending

$0$458k$916k$1.4m$1.8m2020 Income: $1,501,0202020 Spending: $1,379,21020202021 Income: $1,449,0062021 Spending: $1,294,03520212022 Income: $1,534,7542022 Spending: $1,435,76520222023 Income: $1,801,4462023 Spending: $1,631,99220232024 Income: $1,832,0842024 Spending: $1,673,4122024
IncomeSpending

Where the income comes from

  • Contributions & grants 78%
  • Program services 2.9%
  • Other 19%

Similar-sized charities, same cause

CharityLocationIncome
Foundation of the Methodist Home of South Georgia Conference IncMacon$1.8m
Stillwater Domestic Violence Services IncStillwater$1.8m
Proyecto Juan Diego IncBrownsville$1.8m
Transitional Housing Services IncWestampton$1.8m