Florida Association of Agencies Serving the Blind Inc

Analysis

Florida Association of Agencies Serving the Blind Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 Association of Agencies Serving the Blind Inc reported income of $1.7m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Association of Agencies Serving the Blind Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Outreach America Inc ($1.7m), Mid-Atlantic Association of Community Health Centers Inc ($1.7m) and Kentucky Laborers Training Trust Fund ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (4.7% of expenses). Other salaries and wages came to $3,001. At year end it held assets of $652k against liabilities of $570k, net assets of $82k. It reported 1 employees.