Massachusetts Lions Eye Research Fund Inc

Analysis

Massachusetts Lions Eye Research Fund Inc is a registered charity in United States, based in Millis, MA. It received its IRS tax-exemption ruling in February 1959, 67 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Massachusetts Lions Eye Research Fund Inc reported income of $1.0m and spending of $890k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $1.0m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2020, when income dropped by 35%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Massachusetts Lions Eye Research Fund Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Colorado Digital Health Association ($1.0m), Vermont Foundation of Recovery Inc ($1.0m) and One Child Center for Autism ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $2.8m against liabilities of $852k, net assets of $2.0m.