Blind Childrens Center Inc

Analysis

Blind Childrens Center Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Blind Childrens Center Inc reported income of $9.1m and spending of $4.1m, leaving 55% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.3m to $9.1m (+301%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 87%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blind Childrens Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include General Alumni Assoc ($9.1m), Thetford Academy ($9.1m) and Sterling College ($9.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $257k (6.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $17.0m against liabilities of $1.3m, net assets of $15.7m. It reported 38 employees.