Indo-American Eye Care Society Inc

Analysis

Indo-American Eye Care Society Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 1986, 40 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, Indo-American Eye Care Society Inc reported income of $633k and spending of $505k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $678k to $633k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 236%. Over the whole period it spent 55% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Indo-American Eye Care Society Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Bethesda Health Comprehensive Imaging Services Inc ($632k), Kauai Region Pharmacy-West ($633k) and Caris Pregnancy Counseling and Resources ($632k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $69k (14% of expenses). At year end it held assets of $9.3m against liabilities of $0, net assets of $9.3m.