World Services for the Blind Incorporated

Analysis

World Services for the Blind Incorporated is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in October 1947, 79 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, World Services for the Blind Incorporated reported income of $3.8m and spending of $2.3m, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.8m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World Services for the Blind Incorporated sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within AR. Charities of a similar size with the same main cause include Young Mens Christian Association Sheridan County ($3.8m), Human Response Network ($3.8m) and International Communication Assn ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $228k (9.8% of expenses). Other salaries and wages came to $892k. At year end it held assets of $17.6m against liabilities of $8.4m, net assets of $9.2m. It reported 48 employees.