Glaucoma Foundation Inc

Analysis

Glaucoma Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Glaucoma Foundation Inc reported income of $4.8m and spending of $2.9m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.8m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Glaucoma Foundation 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 Community Physicians Associates Inc ($4.8m), Central Islip-Hauppauge Volunteer Ambulance Inc ($4.8m) and Amber Grace Community ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $514k (18% of expenses). Other salaries and wages came to $309k. It paid $31k in professional fundraising fees. At year end it held assets of $13.9m against liabilities of $710k, net assets of $13.2m. It reported 5 employees.