Sight Loss Services Inc

Analysis

Sight Loss Services Inc is a registered charity in United States, based in South Dennis, MA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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 December 2023, Sight Loss Services Inc reported income of $146k and spending of $114k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $146k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sight Loss Services Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Morristown Rotary Club Endowment Fund Inc ($146k), Temple Hill Volunteer Fire Department Inc ($146k) and Dallas Regional Science & Engineering Fair ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $185k against liabilities of $25k, net assets of $160k.