Ophthalmic World Leaders

Analysis

Ophthalmic World Leaders is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in September 2005, 21 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, Ophthalmic World Leaders reported income of $486k and spending of $465k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $324k to $486k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ophthalmic World Leaders sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Came to Believe Recovery Inc ($486k), Recovery Avenue ($486k) and Shalom II Housing Inc ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $93k (20% of expenses). At year end it held assets of $911k against liabilities of $29k, net assets of $882k.