Fund for Ophthalmic Knowledge Inc

Analysis

Fund for Ophthalmic Knowledge Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Fund for Ophthalmic Knowledge Inc reported income of $52k and spending of $253k, spending 485% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $159k to $52k (-67%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 198% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fund for Ophthalmic Knowledge Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Nashoba First ($52k), Americans for Free Choice in Medicine ($52k) and Casa Guanajuato ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $815k against liabilities of $71k, net assets of $744k.