Guiding Eyes For The Blind Inc
Guiding Eyes For The Blind Inc shows consistent financial growth and strong program focus with 0% reported officer compensation.
EIN: 131854606 · Yorktown Hts, NY · NTEE: P860 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $71.8M |
| Total Expenses | $37.4M |
| Program Spending | 85% |
| Net Assets | $113.1M |
| Transparency Score | 92/100 |
Is Guiding Eyes For The Blind Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Guiding Eyes For The Blind Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Guiding Eyes For The Blind Inc
Guiding Eyes For The Blind Inc (EIN: 131854606) is a nonprofit organization based in Yorktown Hts, NY, classified under NTEE code P860. The organization reported total revenue of $71.8M and total assets of $139.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Guiding Eyes For The Blind Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Guiding Eyes For The Blind Inc is a major nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37.9M |
| Total Expenses | $37.4M |
| Surplus / Deficit | +$500K |
| Total Assets | $117.5M |
| Total Liabilities | $4.4M |
| Net Assets | $113.1M |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 37.7 months |
Financial Health Grade: A
In 2023, Guiding Eyes For The Blind Inc reported a surplus of $500K with revenue exceeding expenses, holds 37.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Guiding Eyes For The Blind Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.2% | -12.1% | +5.4% |
| 2022 | -0.9% | +40.2% | -8.7% |
| 2021 | +24.1% | +10.1% | +16.9% |
| 2020 | +18.7% | +4.3% | +12.7% |
| 2019 | -12.9% | -4.0% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Guiding Eyes For The Blind Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Guiding Eyes For The Blind Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $500K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.8%.
Executive Compensation Analysis
The organization consistently reports 0% for officer compensation across all available filings, indicating that no compensation was paid to officers or that it was not reported in this specific category. This suggests a highly efficient use of funds, prioritizing program services over executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Guiding Eyes For The Blind Inc's IRS 990 filings:
- No specific red flags identified based on the provided financial data.
Strengths
The following positive indicators were identified for Guiding Eyes For The Blind Inc:
- Consistent asset growth from $86M in 2014 to $117M in 2023.
- Remarkable 0% reported officer compensation across all filings, indicating high efficiency.
- Revenue generally exceeds expenses, demonstrating financial stability.
- Strong alignment between NTEE code (P860 - Guide Dogs) and organizational mission.
- Quick financial recovery in 2023 after a slight deficit in 2022.
Frequently Asked Questions about Guiding Eyes For The Blind Inc
Is Guiding Eyes For The Blind Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Guiding Eyes For The Blind Inc (EIN: 131854606) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Guiding Eyes For The Blind Inc spend its money?
Guiding Eyes For The Blind Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Guiding Eyes For The Blind Inc tax-deductible?
Guiding Eyes For The Blind Inc is registered as a tax-exempt nonprofit (EIN: 131854606). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Guiding Eyes For The Blind Inc's spending goes to programs?
Guiding Eyes For The Blind Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Guiding Eyes For The Blind Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Guiding Eyes For The Blind Inc is above average for NTEE category P860 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Guiding Eyes For The Blind Inc located?
Guiding Eyes For The Blind Inc is headquartered in Yorktown Hts, New York and files with the IRS under EIN 131854606. It is classified under NTEE code P860.
How many years of IRS 990 filings does Guiding Eyes For The Blind Inc have?
Guiding Eyes For The Blind Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $71.8M in total revenue.
Is Guiding Eyes For The Blind Inc a good charity?
Based on its financial data, Guiding Eyes For The Blind Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission, evidenced by 0% reported officer compensation and a high program spending focus.
How has the organization's financial health changed over the last decade?
Guiding Eyes For The Blind Inc has shown consistent financial growth over the last decade. Assets increased from $86,235,296 in 2014 to $117,491,210 in 2023, and revenue has generally trended upwards, indicating strong fundraising and financial management.
What is the organization's approach to executive compensation?
The organization consistently reports 0% for officer compensation in its IRS 990 filings, suggesting a highly conservative approach to executive pay, or that compensation is not categorized under 'officer compensation' in the reported data, allowing more funds to be directed towards its programs.
Did the organization experience any financial challenges recently?
In the 202209 period, the organization's expenses ($42,570,809) slightly exceeded its revenue ($41,759,201). However, it quickly recovered in 2023, with revenue ($37,926,008) again surpassing expenses ($37,425,953).
Filing History
IRS 990 filing history for Guiding Eyes For The Blind Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Guiding Eyes For The Blind Inc's revenue has grown by 51.8%, moving from $25.0M to $37.9M. Total assets increased by 80.1% over the same period, from $65.2M to $117.5M. Total functional expenses rose by 70.8%, from $21.9M to $37.4M. In its most recent filing year (2023), Guiding Eyes For The Blind Inc reported a surplus of $500K, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $117.5M in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $113.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37.9M | $37.4M | $117.5M | $4.4M | — | View 990 |
| 2022 | $41.8M | $42.6M | $111.5M | $4.8M | — | — |
| 2021 | $42.1M | $30.4M | $122.1M | $6.7M | — | View 990 |
| 2020 | $33.9M | $27.6M | $104.5M | $9.1M | — | — |
| 2019 | $28.6M | $26.5M | $92.7M | $6.4M | — | View 990 |
| 2018 | $32.8M | $27.6M | $93.1M | $6.4M | — | View 990 |
| 2017 | $30.8M | $26.7M | $91.2M | $6.1M | — | View 990 |
| 2016 | $27.0M | $26.4M | $83.4M | $8.6M | — | View 990 |
| 2015 | $28.9M | $25.7M | $82.6M | $11.3M | — | View 990 |
| 2014 | $33.7M | $25.2M | $86.2M | $13.5M | — | View 990 |
| 2013 | $29.5M | $23.7M | $83.4M | $12.1M | — | View 990 |
| 2012 | $25.8M | $22.9M | $73.2M | $16.2M | — | View 990 |
| 2011 | $25.0M | $21.9M | $65.2M | $15.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37.9M, expenses of $37.4M, and assets of $117.5M (revenue -9.2% year-over-year).
- 2022: Revenue of $41.8M, expenses of $42.6M, and assets of $111.5M (revenue -0.9% year-over-year).
- 2021: Revenue of $42.1M, expenses of $30.4M, and assets of $122.1M (revenue +24.1% year-over-year).
- 2020: Revenue of $33.9M, expenses of $27.6M, and assets of $104.5M (revenue +18.7% year-over-year).
- 2019: Revenue of $28.6M, expenses of $26.5M, and assets of $92.7M (revenue -12.9% year-over-year).
- 2018: Revenue of $32.8M, expenses of $27.6M, and assets of $93.1M (revenue +6.7% year-over-year).
- 2017: Revenue of $30.8M, expenses of $26.7M, and assets of $91.2M (revenue +13.8% year-over-year).
- 2016: Revenue of $27.0M, expenses of $26.4M, and assets of $83.4M (revenue -6.3% year-over-year).
- 2015: Revenue of $28.9M, expenses of $25.7M, and assets of $82.6M (revenue -14.4% year-over-year).
- 2014: Revenue of $33.7M, expenses of $25.2M, and assets of $86.2M (revenue +14.3% year-over-year).
- 2013: Revenue of $29.5M, expenses of $23.7M, and assets of $83.4M (revenue +14.4% year-over-year).
- 2012: Revenue of $25.8M, expenses of $22.9M, and assets of $73.2M (revenue +3.2% year-over-year).
- 2011: Revenue of $25.0M, expenses of $21.9M, and assets of $65.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Guiding Eyes For The Blind Inc:
Data Sources and Methodology
This transparency report for Guiding Eyes For The Blind Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.