Eye Thrive

Analysis

Eye Thrive is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, Eye Thrive reported income of $2.5m and spending of $1.5m, leaving 41% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.1m to $2.5m (+136%), an average of +24% a year. The sharpest change came in the year to May 2023, when income rose by 53%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eye Thrive 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 88th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Safely Home Inc ($2.5m), Community Action Partnership ($2.5m) and Family Service Agency of Waukesha County Inc ($2.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 98% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $108k (7.3% of expenses). Other salaries and wages came to $638k. At year end it held assets of $3.0m against liabilities of $148k, net assets of $2.8m. It reported 23 employees.