Center for Eye Research Inc

Analysis

Center for Eye Research Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in March 1988, 38 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, Center for Eye Research Inc reported income of $111k and spending of $115k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $255k to $111k (-56%), an average of -19% a year. The sharpest change came in the year to June 2020, when income dropped by 50%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Eye Research Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include 4kira4moms Inc ($111k), Mission Zero Hours NFP ($111k) and Tri Town Ambulance Association Inc ($111k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $1.9m against liabilities of $75k, net assets of $1.8m.