San Antonio Lighthouse for the Blind

Analysis

San Antonio Lighthouse for the Blind is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 1946, 80 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 March 2024, San Antonio Lighthouse for the Blind reported income of $33.6m and spending of $32.0m, spending 95% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $28.1m to $33.6m (+19%), an average of +3.6% a year. The sharpest change came in the year to March 2020, when income rose by 32%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, San Antonio Lighthouse for the Blind sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Asociacion Puertorriquenos En Marcha Inc ($33.6m), Walker Methodist Health Center Inc ($33.6m) and BSLC II ($33.6m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 10% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $931k (2.9% of expenses). Other salaries and wages came to $20.7m. At year end it held assets of $70.4m against liabilities of $11.1m, net assets of $59.3m. It reported 557 employees.