Arizona Center for the Blind and Visually Impaired

Analysis

Arizona Center for the Blind and Visually Impaired is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1966, 60 years ago. 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 June 2023, Arizona Center for the Blind and Visually Impaired reported income of $3.0m and spending of $2.2m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.0m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arizona Center for the Blind and Visually Impaired sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Maryland Network Against Domestic Violence Inc ($3.0m), Minnesota Council on Foundations ($3.0m) and Boys & Girls Club of Harlem Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $131k (5.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $6.6m against liabilities of $2.6m, net assets of $4.1m. It reported 32 employees.