Saavi Services for the Blind

Analysis

Saavi Services for the Blind is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 1966, 60 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Saavi Services for the Blind reported income of $5.5m and spending of $6.9m, spending 125% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $6.2m to $5.5m (-11%), an average of -2.3% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saavi Services for the Blind sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include TBHC Medical Services PC ($5.5m), Long Valley Health Center ($5.5m) and Southern Oklahoma Ambulance Service Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $413k (6.0% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $9.6m against liabilities of $6.3m, net assets of $3.2m. It reported 96 employees.