Sight Conservation of N E N Y Inc

Analysis

Sight Conservation of N E N Y Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in August 1955, 71 years ago. Its declared purposes cover health care, 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, Sight Conservation of N E N Y Inc reported income of $3.1m and spending of $2.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.1m (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sight Conservation of N E N Y Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Diabetes Research and Wellness Foundation Inc ($3.1m), Community Access to Child Health of Brevard Inc ($3.1m) and Davis-Stuart Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $190k (7.1% of expenses). Other salaries and wages came to $810k. At year end it held assets of $3.7m against liabilities of $823k, net assets of $2.9m. It reported 16 employees.