Winston-salem Industries For the Blind Inc
Only null% goes to programs Strong reserves Declining revenue
Winston-salem Industries For the Blind Inc is a 501(c)(3) organization based in Winston Salem, North Carolina, registered in 1968, with $24,417,606 in FY2023 revenue. CharityIndex grades it B.
7730 N Point Blvd, Winston Salem, NC, 27106 EIN 56-6001467 Since 1968
Revenue (FY2023)
$24.4M
▲ 45.9% vs prior year
Employment median: $367K
Expenses (FY2023)
$24.0M
Net assets
$21.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Winston-salem Industries For the Blind Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Winston-salem Industries For the Blind Inc: 11 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Winston-salem Industries For the Blind Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Winston-salem Industries For the Blind Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 7730 N Point Blvd, Winston Salem, NC, 27106
- City
- Winston Salem
- State
- North Carolina
- Category
- Employment
- Subcategory
- Vocational Rehabilitation
- Website
- …
Financial trends
Revenue declined from $31.5M (FY2013) to $24.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $28.3MNet assets $21.4M
Operating margin
1.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$49.8M
Total liabilities
$28.3M
Net assets
$21.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $24,417,606▲45.9% | $23,978,302▼4.1% | $21,414,768▲3.1% | $49,755,728▼8.8% | 990 |
| 2022 | $16,741,384▲50.1% | $25,007,642▼20.6% | $20,765,989▲2.2% | $54,582,854▼21.1% | 990 |
| 2021 | $11,155,465▼69.3% | $31,504,747▼10.2% | $20,314,413▼50.2% | $69,196,384▼28.4% | 990 |
| 2020 | $36,296,744▼7.0% | $35,102,173▼9.2% | $40,783,590▲3.2% | $96,621,151▲3.8% | 990 |
| 2019 | $39,008,771▼27.5% | $38,646,939▼23.5% | $39,524,822▲0.9% | $93,066,624▲21.4% | 990 |
| 2018 | $53,778,942▲27.3% | $50,548,643▼2.6% | $39,153,669▲9.1% | $76,656,518▲29.7% | 990 |
| 2017 | $42,253,679▲14.4% | $51,892,079▲43.1% | $35,873,614▼12.8% | $59,105,273▲0.2% | 990 |
| 2016 | $36,934,264▼5.1% | $36,267,671▼1.0% | $41,122,422▲1.5% | $58,968,221▲2.1% | 990 |
| 2015 | $38,925,407▲10.2% | $36,617,256▲16.8% | $40,529,771▲6.3% | $57,752,596▲2.8% | 990 |
| 2014 | $35,310,257▲12.1% | $31,337,830▲11.0% | $38,109,862▲11.2% | $56,193,055▲12.7% | 990 |
| 2013 | $31,486,940 | $28,239,676▲5.6% | $34,262,950▲10.7% | $49,853,005▲13.3% | 990 |
| 2012 | — | $26,730,331▼1.6% | $30,941,261▼1.8% | $43,983,483▼3.1% | 990 |
| 2011 | — | $27,159,980▼10.2% | $31,522,612▲6.9% | $45,410,637▼4.7% | 990 |
| 2010 | — | $30,249,961▲9.2% | $29,485,818▲32.1% | $47,648,453▲15.6% | 990 |
| 2009 | — | $27,699,017 | $22,323,828 | $41,217,493 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $762K total
27 grants to Winston-salem Industries For the Blind Inc totaling $762K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $85,000 |
| The Community Foundation of Western North Carolina Inc | Assisting people in need | 2024 | $28,120 |
| Winston-salem Foundation | 8 grant(s) for varying purposes | 2024 | $9,660 |
| Winston-salem Foundation | 13 grant(s) for varying purposes | 2023 | $56,400 |
| The Community Foundation of Western North Carolina Inc | Building community & economic vitality | 2023 | $20,250 |
| Foundation For the Carolinas | Charitable gift | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,500 |
| National Christian Charitable Foundation | Growth | 2023 | $7,000 |
| Winston-salem Foundation | 15 grant(s) for varying purposes | 2022 | $75,850 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $10,000 |
| The Blackbaud Giving Fund | General support | 2022 | $6,000 |
| Winston-salem Foundation | 21 grant(s) for varying purposes | 2021 | $69,400 |
| The Community Foundation of Western North Carolina Inc | Assisting people in need | 2021 | $21,290 |
| Foundation For the Carolinas | Charitable gift | 2021 | $10,100 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $10,000 |
Similar organizations in Employment
Employment
Goodwill Industries of Central North Carolina Inc
Greensboro, NC
$29.8M
Bannual revenue
Employment
Coastal Enterprises of Jacksonville Inc
Jacksonville, NC
$14.1M
Bannual revenue
Employment
Eastern Carolina Vocational Center Inc
Greenville, NC
$14.0M
Bannual revenue
Employment
Community Workforce Solutions Inc
Raleigh, NC
$10.9M
Bannual revenue
Employment
Haywood Vocational Opportunities Inc
Waynesville, NC
$10.0M
C+annual revenue
Employment
Durham Exchange Club Industries Inc
Durham, NC
$9.2M
Bannual revenue
- Employment
Johnston County Industries Inc
Selma, NC
$8.6M
Bannual revenue
Employment
Watauga Opportunities Inc
Boone, NC
$7.8M
Bannual revenue
Employment
Center For Community Self-help
Durham, NC
$7.6M
Bannual revenue
Employment
Charlotte Works
Charlotte, NC
$7.0M
Bannual revenue
Compare Winston-salem Industries For the Blind Inc
Frequently asked questions
- Is Winston-salem Industries For the Blind Inc a legitimate nonprofit?
- Yes. Winston-salem Industries For the Blind Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6001467, based in Winston Salem, North Carolina. Donations are tax-deductible.
- What is Winston-salem Industries For the Blind Inc's EIN?
- Winston-salem Industries For the Blind Inc's Employer Identification Number (EIN) is 56-6001467.
- How much revenue does Winston-salem Industries For the Blind Inc report?
- Winston-salem Industries For the Blind Inc reported $24,417,606 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Winston-salem Industries For the Blind Inc have?
- CharityIndex grades Winston-salem Industries For the Blind Inc B, based on financial health (reserves and operating margin).
More nonprofits in Winston Salem
Explore more
Data for Winston-salem Industries For the Blind Inc (EIN 56-6001467) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.