Blindsight Delaware Enterprises Inc

Analysis

Blindsight Delaware Enterprises Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Blindsight Delaware Enterprises Inc reported income of $408k and spending of $622k, spending 152% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $565k to $408k (-28%), an average of -28% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Blindsight Delaware Enterprises Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 61st percentile within DE. Charities of a similar size with the same main cause include Hampton Roads Electrical J a T C ($408k), Keystone Development Center Inc ($408k) and Apprentice Educational Fund ($407k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Other salaries and wages came to $331k. At year end it held assets of $1.6m against liabilities of $1.5m, net assets of $35k. It reported 22 employees.