Association for Macular Diseases Inc

Analysis

Association for Macular Diseases Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1980, 46 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 January 2024, Association for Macular Diseases Inc reported income of $246k and spending of $187k, leaving 24% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $198k to $246k (+24%), an average of +5.5% a year. The sharpest change came in the year to January 2022, when income rose by 49%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association for Macular Diseases Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include 82d Airborne Division Association Inc ($246k), Association for the Rights of Citizens with Handicaps Inc ($246k) and Chartercare Foundation ($246k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 57% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.