Research to Prevent Blindness Inc

Analysis

Research to Prevent Blindness Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 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 December 2023, Research to Prevent Blindness Inc reported income of $4.9m and spending of $6.7m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $4.9m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income rose by 270%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Research to Prevent Blindness Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Thrive Allen County Inc ($4.9m), Brent Eley Foundation ($4.9m) and Nanuet Community Ambulance Corps Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $544k (8.2% of expenses). Other salaries and wages came to $836k. At year end it held assets of $26.3m against liabilities of $11.0m, net assets of $15.3m. It reported 9 employees.