Minnesota Eye Foundation

Analysis

Minnesota Eye Foundation is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover medical research, 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, Minnesota Eye Foundation reported income of $112k and spending of $155k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $112k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 136% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Minnesota Eye Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include WB Foundation ($112k), Specialized Medical Standards ($112k) and Joliet Community Center Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $152k against liabilities of $34k, net assets of $118k.