Women in Ophthalmology Inc

Analysis

Women in Ophthalmology Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1994, 32 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, Women in Ophthalmology Inc reported income of $2.0m and spending of $1.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $845k to $2.0m (+131%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Women in Ophthalmology Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Greater Mercer Transportation Management Association Inc ($2.0m), Social Impact Commons Inc ($2.0m) and The Empowered Workforce Association ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $80k (4.5% of expenses). At year end it held assets of $2.7m against liabilities of $471k, net assets of $2.3m.