Louisiana Assn for the Blind Inc

Analysis

Louisiana Assn for the Blind Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in October 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Louisiana Assn for the Blind Inc reported income of $6.8m and spending of $5.3m, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.5m to $6.8m (+51%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 42%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Assn for the Blind Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Contemporary Science Center ($6.8m), Bidwell Training Center Inc ($6.8m) and National Association of Housing & Redevelopment Officials ($6.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.0% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $32.9m against liabilities of $1.9m, net assets of $31.0m. It reported 132 employees.