Blind Industries & Services Of Maryland
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,523,085 | 7,633,466 | −110,381 | 26.0 | 42% |
| 2012 | 10,514,497 | 10,293,073 | 221,424 | 19.1 | 41% |
| 2013 | 11,344,823 | 10,085,069 | 1,259,754 | 21.6 | 42% |
| 2014 | 9,460,626 | 10,067,724 | −607,098 | 22.2 | 42% |
| 2015 | 10,205,333 | 10,250,959 | −45,626 | 21.3 | 41% |
| 2016 | 16,434,695 | 11,312,280 | 5,122,415 | 21.2 | 42% |
| 2017 | 11,496,533 | 12,115,094 | −618,561 | 20.2 | 42% |
| 2018 | 10,949,746 | 11,869,755 | −920,009 | 18.8 | 38% |
| 2019 | 7,649,589 | 11,769,947 | −4,120,358 | 14.7 | 34% |
| 2020 | 10,009,269 | 11,229,369 | −1,220,100 | 13.5 | 35% |
| 2021 | 9,322,066 | 10,627,346 | −1,305,280 | 12.9 | 34% |
| 2022 | 11,694,149 | 10,916,423 | 777,726 | 13.5 | 41% |
| 2023 | 9,121,730 | 10,507,176 | −1,385,446 | 12.4 | 39% |
In its most recent public year (2023), this organization spent $1,385,446 more than it brought in. Its reserves stood at about 12.4 months of spending, down from 26 in 2011. Staff pay was 39% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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