Asociacion Nacional de Ciegos

Analysis

Asociacion Nacional de Ciegos is a registered charity in United States, based in Isabela, PR. It received its IRS tax-exemption ruling in July 2003, 23 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 September 2022, Asociacion Nacional de Ciegos reported income of $134k and spending of $93k, leaving 31% of income unspent that year. Across the 3 years on record, from September 2019 to September 2022, income fell from $676k to $134k (-80%), an average of -55% a year. The sharpest change came in the year to September 2022, when income dropped by 64%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asociacion Nacional de Ciegos sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 31st percentile within PR. Charities of a similar size with the same main cause include Hagerman Valley Senior and Community Center ($134k), Participa ($134k) and Moment by Moment ($134k).

On its Form 990-EZ for the period ending September 2022, revenue came from contributions and grants 96% of the total. At year end it held assets of $83k against liabilities of $2,529, net assets of $80k.