Maine Society of Eye Physicians & Surgeons

Analysis

Maine Society of Eye Physicians & Surgeons is a registered charity in United States, based in Manchester, ME. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maine Society of Eye Physicians & Surgeons reported income of $151k and spending of $157k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $196k to $151k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Maine Society of Eye Physicians & Surgeons sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 41st percentile within ME. Charities of a similar size with the same main cause include Hazlet Township First Aid and Rescue Squad Inc ($151k), Oregon Society of Allergy Asthma and Immunology ($151k) and Long Island Allergy and Asthma Society ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $289k against liabilities of $0, net assets of $289k.