The New York Glaucoma Research Institute

Analysis

The New York Glaucoma Research Institute is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1996, 30 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, The New York Glaucoma Research Institute reported income of $71k and spending of $25k, leaving 64% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $85k to $71k (-16%), an average of -5.8% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The New York Glaucoma Research Institute sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Rockhill Vol Rescue Squad Inc ($71k), Diversity Management Group Incorporated ($71k) and Save the Cord Foundation ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $1.1m against liabilities of $211, net assets of $1.1m.