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North Carolina · Nonprofit

INDUSTRIES OF THE BLIND INC

INDUSTRIES OF THE BLIND INC (North Carolina) receives grants from 6 organizations whose IRS filings report $448,853 to it, the largest being NATIONAL INDUSTRIES FOR THE BLIND ($353,788). 3 of them have funded it in more than one year.

Revenue FY2025
$3.3M
Funders on record
6
Grants received
$449k
Net assets
$12M
3/6 repeat funderspeak grant-dependency 7%
01What it does

What Industries of the Blind Inc does

Mission

To provide opportunities for employment and personal development for people who are blind or visually impaired to achieve greater independence.

As stated on its FY2025 Form 990.

Program

  1. To provide opportunities for employment and personal development for people who are blind or visually impaired to achieve greaterindependence. Industries of the blind, inc. Operates a manufacturing, assembly, and distribution service business that employs blind andsighted people in order to provide them these opportunities for employment and personal development. The manufacturing consists of textile cutting and sewing for production of military uniforms, clothing, and commercial goods. The blind and sighted employees of industries of the blind, inc. Also manufacture and assemble a variety of office supply and sanitation products including writing instruments, clipboards, mops, brooms, and a variety of other items. The process teaches sewing skills, working with fabrics, and mechanized procedures to the blind and sighted employees. As of september 30, 2025, industries of the blind employs 136 blind and 111 sighted people. Revenue shown above is net of cost of goods sold expenses on the form 990, part viii, line 10b.

    $3,871,219 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,871,219.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($973k) Expenses 100 ($2.9M) Net assets 100 ($9.5M)2018 Revenue 403 ($3.9M) Expenses 122 ($3.6M) Net assets 102 ($9.7M)2019 Revenue 263 ($2.6M) Expenses 103 ($3.0M) Net assets 96 ($9.1M)2020 Revenue 384 ($3.7M) Expenses 115 ($3.4M) Net assets 101 ($9.5M)2021 Revenue 749 ($7.3M) Expenses 110 ($3.2M) Net assets 140 ($13M)2022 Revenue 162 ($1.6M) Expenses 100 ($2.9M) Net assets 120 ($11M)2023 Revenue 543 ($5.3M) Expenses 128 ($3.8M) Net assets 137 ($13M)2024 Revenue 425 ($4.1M) Expenses 134 ($3.9M) Net assets 144 ($14M)2025 Revenue 337 ($3.3M) Expenses 158 ($4.6M) Net assets 130 ($12M)
'17'18'19'20'21'22'23'24'25
Revenue (337)Expenses (158)Net assets (130)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $17M to $26M (+48%).

$14M
$14M
$13M
$14M
$17M
$15M
$17M
$26M
$27M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 49% · 2023 58% · 2024 2% · 2025 21%. Grants only. Government contracts and fees sit inside program revenue.

24% of INDUSTRIES OF THE BLIND INC’s revenue is contributions — more donation-reliant than the typical peer (16% for the typical peer).

This organization
Typical peer · 1,617 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$2.0M
’17
$339k
’18
−$481k
’19
$361k
’20
$4.0M
’21
−$1.4M
’22
$1.5M
’23
$198k
’24
−$1.4M
’25
6.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Joshua Gould

President & CEO

Board chair

Brad Huffstetler

Chairperson

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed202017171819221919
Joined·+3+5+8+5+2+3+2+0
No longer listed·38841050
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income fell $43k → $40k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
2
2
1
2
2
5
2
1
1

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of INDUSTRIES OF THE BLIND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INDUSTRIES OF THE BLIND INC leans on a few funders — its largest provides 79% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

85% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INDUSTRIES OF THE BLIND INC.

79%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 70% · 2018 74% · 2019 100% · 2020 100% · 2021 100% · 2022 43% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

INDUSTRIES OF THE BLIND INC draws 85% of its grant income from funders outside North Carolina, across 3 states in all.

NY
VA
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $29k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

INDUSTRIES OF THE BLIND INC has grown faster than three-quarters of the 1,012 employment nonprofits its size.

Operating margin−42% · bottom quartile
Months of reserve6.0mo · above the median
Revenue growth (annualized)16% · top quartile

this organization peer median middle 50% of peers· 1,012 employment nonprofits $1M–$10M, FY2025

Government funding INDUSTRIES OF THE BLIND INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $132.2M on record.

Federal$132.2M
grants $908kcontracts $131.3M
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Defense$130.3M
  • Department of Commerce$1.0M
  • Department of Labor$908k
  • Department of Health and Human Services$21k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like INDUSTRIES OF THE BLIND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 16%Fundraising 1%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for INDUSTRIES OF THE BLIND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INDUSTRIES OF THE BLIND INC?
INDUSTRIES OF THE BLIND INC (North Carolina) receives grants from 6 organizations whose IRS filings report $448,853 to it, the largest being NATIONAL INDUSTRIES FOR THE BLIND ($353,788). 3 of them have funded it in more than one year.
How many funders does INDUSTRIES OF THE BLIND INC have?
IRS filings report 6 organizations giving $448,853 in grants to INDUSTRIES OF THE BLIND INC, 3 of which have funded it in more than one year.
Who is the largest funder of INDUSTRIES OF THE BLIND INC?
NATIONAL INDUSTRIES FOR THE BLIND is the largest funder on record, with $353,788 in grants. The full list of funders is on this page.
How can an organization like INDUSTRIES OF THE BLIND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Industries of the Blind →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing