The Connecticut Institute For The Blind Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 90,289,861 | 89,169,690 | 1,120,171 | 8.4 | 57% |
| 2019 | 84,997,609 | 84,350,937 | 646,672 | 8.9 | 58% |
| 2020 | 84,361,152 | 85,269,354 | −908,202 | 8.7 | 57% |
| 2021 | 94,829,257 | 81,453,376 | 13,375,881 | 11.1 | 58% |
| 2022 | 81,327,406 | 84,715,267 | −3,387,861 | 10.2 | 57% |
| 2023 | 93,522,330 | 100,933,671 | −7,411,341 | 7.7 | 49% |
In its most recent public year (2023), this organization spent $7,411,341 more than it brought in. Its reserves stood at about 7.7 months of spending. Staff pay was 49% of spending. $48,520,273 of its net assets are donor-restricted.
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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