Low Vision Resource Center
Analysis
Low Vision Resource Center is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Low Vision Resource Center reported income of $177k and spending of $202k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $204k to $177k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 66% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Low Vision Resource Center sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Rosemarys Daycare & Learning Center ($177k), Children of Christ Inc ($177k) and East Kentucky Dream Center Inc ($177k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $94k (47% of expenses). At year end it held assets of $703k against liabilities of $3,991, net assets of $699k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rosemarys Daycare & Learning Center | Belzoni | $177k |
| Children of Christ Inc | Spalding | $177k |
| East Kentucky Dream Center Inc | Pikeville | $177k |
| Society of St Vincent Depaul in the Diocese of Brooklyn | Brooklyn | $177k |