Southern Eye Institute

Analysis

Southern Eye Institute is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Southern Eye Institute reported income of $316k and spending of $477k, spending 151% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $729k to $316k (-57%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Southern Eye Institute sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within TN. Charities of a similar size with the same main cause include Baobab Home ($316k), Develop Africa ($316k) and Friends of Casita Linda Ac ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $366k against liabilities of $115k, net assets of $251k.