Insight for the Blind Inc

Analysis

Insight for the Blind Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in April 1978, 48 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Insight for the Blind Inc reported income of $454k and spending of $285k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $202k to $454k (+124%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 780%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Insight for the Blind Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Keystone State Music Theater Association ($454k), Bloomington Community Radio Inc ($454k) and Create Wisconsin Inc ($454k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $83k (29% of expenses). Other salaries and wages came to $56k. At year end it held assets of $2.3m against liabilities of $2,797, net assets of $2.3m. It reported 4 employees.