Society for the Blind

Analysis

Society for the Blind is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 1959, 67 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society for the Blind reported income of $3.2m and spending of $3.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.2m (+28%), an average of +6.4% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for the Blind sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Big Bend Hospice Foundation ($3.2m), Glendale Area Medical Association Inc ($3.2m) and Childrens Advocacy Center of Charlotte Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $172k (5.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $7.8m against liabilities of $2.3m, net assets of $5.5m. It reported 38 employees.