Is Central Association For The Blind Inc Legit?

Quick charity verification for Central Association For The Blind Inc (EIN: 150543587)

Verdict: Central Association For The Blind Inc appears trustworthy

90/100Mission Score
$123.1MRevenue
$128.1MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Central Association For The Blind Inc demonstrates consistent financial growth and strong asset accumulation over the past decade. Revenue has steadily increased from $11.8 million in 2014 to $23.6 million in 2023, with a notable peak of $29.7 million in 2021. The organization consistently operates with a surplus, as evidenced by expenses being significantly lower than revenue in all reported periods (e.g., $16.8 million in expenses against $23.6 million in revenue in 2023). This indicates sound financial management and the ability to build reserves. The organization's spending efficiency appears robust, with a healthy margin between revenue and expenses. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent surplus suggests that a substantial portion of funds is available for mission-related activities after covering operational costs. The absence of reported officer compensation across all filings is a significant positive indicator for transparency and efficient use of funds, suggesting that leadership compensation is either very low or covered through other means not categorized as officer compensation on these forms, or that the organization is structured in a way that minimizes direct officer salaries. Overall, Central Association For The Blind Inc exhibits strong financial health, consistent growth, and a high degree of transparency regarding executive compensation, as no officer compensation is reported. The substantial asset base, growing from $35.9 million in 2014 to $113.7 million in 2023, further solidifies its long-term stability and capacity to fulfill its mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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