Xavier Society For The Blind
Xavier Society For The Blind consistently grows assets with zero reported officer compensation.
EIN: 135563026 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| Net Assets | $17.7M |
| Transparency Score | 92/100 |
Is Xavier Society For The Blind Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Xavier Society For The Blind directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Xavier Society For The Blind
Xavier Society For The Blind (EIN: 135563026) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.4M and total assets of $19.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Xavier Society For The Blind's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Xavier Society For The Blind is a mid-size nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$348K |
| Total Assets | $18.1M |
| Total Liabilities | $451K |
| Net Assets | $17.7M |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 166.2 months |
Financial Health Grade: A
In 2023, Xavier Society For The Blind reported a surplus of $348K with revenue exceeding expenses, holds 166.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Xavier Society For The Blind's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.8% | +5.1% | +10.1% |
| 2022 | +26.6% | +4.4% | -10.3% |
| 2021 | -7.7% | +0.8% | +7.7% |
| 2020 | +57.5% | -0.1% | +13.0% |
| 2019 | -33.1% | +6.2% | +14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 1946 |
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 Xavier Society For The Blind 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, Xavier Society For The Blind 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 $348K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either a fully volunteer leadership or compensation structured in a way that is not classified as officer compensation, which is highly favorable for donor perception and suggests strong financial stewardship.
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.
Strengths
The following positive indicators were identified for Xavier Society For The Blind:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship and transparency.
- Steady growth in assets over the past decade, from $12,929,573 in 2014 to $18,113,970 in 2023, demonstrating financial stability.
- Revenues frequently exceed expenses, contributing to a healthy financial surplus and asset accumulation (e.g., 2023 revenue $1,656,003 vs. expenses $1,307,644).
- Low liabilities relative to assets, indicating a strong balance sheet and minimal financial risk (e.g., 2023 liabilities $451,459 vs. assets $18,113,970).
- Consistent filing of IRS Form 990s over 13 periods, reflecting a commitment to public accountability and transparency.
Frequently Asked Questions about Xavier Society For The Blind
Is Xavier Society For The Blind a legitimate charity?
Xavier Society For The Blind (EIN: 135563026) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Xavier Society For The Blind spend its money?
Xavier Society For The Blind directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Xavier Society For The Blind tax-deductible?
Xavier Society For The Blind is registered as a tax-exempt nonprofit (EIN: 135563026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Xavier Society For The Blind's spending goes to programs?
Xavier Society For The Blind directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Xavier Society For The Blind located?
Xavier Society For The Blind is headquartered in New York, New York and files with the IRS under EIN 135563026.
How many years of IRS 990 filings does Xavier Society For The Blind have?
Xavier Society For The Blind 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 $5.4M in total revenue.
Is Xavier Society For The Blind a good charity?
Based on the available financial data, Xavier Society For The Blind appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to transparency regarding executive compensation, reporting 0% officer compensation for over a decade.
How does Xavier Society For The Blind manage its expenses?
The organization consistently manages its expenses well, with total expenses generally lower than revenue, leading to asset growth. For example, in 2023, expenses were $1,307,644 against revenues of $1,656,003. This indicates efficient financial management.
What is the trend in Xavier Society For The Blind's assets?
Xavier Society For The Blind has shown a consistent upward trend in its assets, growing from $12,929,573 in 2014 to $18,113,970 in 2023, indicating strong financial accumulation and stability.
Filing History
IRS 990 filing history for Xavier Society For The Blind showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Xavier Society For The Blind's revenue has grown by 45.5%, moving from $1.1M to $1.7M. Total assets increased by 260.5% over the same period, from $5.0M to $18.1M. Total functional expenses fell by 28.6%, from $1.8M to $1.3M. In its most recent filing year (2023), Xavier Society For The Blind reported a surplus of $348K, with revenue exceeding expenses. The organization holds $451K in liabilities against $18.1M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $17.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.3M | $18.1M | $451K | — | — |
| 2022 | $2.0M | $1.2M | $16.5M | $524K | — | View 990 |
| 2021 | $1.6M | $1.2M | $18.3M | $61K | — | View 990 |
| 2020 | $1.7M | $1.2M | $17.0M | $64K | — | — |
| 2019 | $1.1M | $1.2M | $15.1M | $90K | — | View 990 |
| 2018 | $1.6M | $1.1M | $13.2M | $70K | — | View 990 |
| 2017 | $1.4M | $1.2M | $14.1M | $73K | — | — |
| 2016 | $886K | $1.1M | $12.8M | $78K | — | View 990 |
| 2015 | $1.2M | $1.1M | $12.5M | $111K | — | View 990 |
| 2014 | $987K | $1.1M | $12.9M | $136K | — | View 990 |
| 2013 | $9.3M | $1.0M | $13.2M | $122K | — | View 990 |
| 2012 | $603K | $1.3M | $4.6M | $156K | — | View 990 |
| 2011 | $1.1M | $1.8M | $5.0M | $149K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.3M, and assets of $18.1M (revenue -17.8% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.2M, and assets of $16.5M (revenue +26.6% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.2M, and assets of $18.3M (revenue -7.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.2M, and assets of $17.0M (revenue +57.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $15.1M (revenue -33.1% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.1M, and assets of $13.2M (revenue +20.1% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $14.1M (revenue +53.5% year-over-year).
- 2016: Revenue of $886K, expenses of $1.1M, and assets of $12.8M (revenue -23.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $12.5M (revenue +17.3% year-over-year).
- 2014: Revenue of $987K, expenses of $1.1M, and assets of $12.9M (revenue -89.4% year-over-year).
- 2013: Revenue of $9.3M, expenses of $1.0M, and assets of $13.2M (revenue +1440.9% year-over-year).
- 2012: Revenue of $603K, expenses of $1.3M, and assets of $4.6M (revenue -47.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.8M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Xavier Society For The Blind:
Data Sources and Methodology
This transparency report for Xavier Society For The Blind 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.