American Printing House for the Blind Inc

Analysis

American Printing House for the Blind Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1935, 91 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 September 2023, American Printing House for the Blind Inc reported income of $43.9m and spending of $43.3m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $25.5m to $43.9m (+72%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 90%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Printing House for the Blind Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within KY. Charities of a similar size with the same main cause include Institute for Systems Biology ($43.6m), Pew Research Center ($44.0m) and American Mathematical Society ($43.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $2.8m (6.5% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $172.3m against liabilities of $12.5m, net assets of $159.8m. It reported 387 employees.