The Eye Centers of Tennessee Foundation

Analysis

The Eye Centers of Tennessee Foundation is a registered charity in United States, based in Crossville, TN. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Eye Centers of Tennessee Foundation reported income of $56k and spending of $49k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $56k (-11%), an average of -11% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Eye Centers of Tennessee Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within TN. Charities of a similar size with the same main cause include Blue Earth Area School Foundation ($55k), David Wagga Hunt Scholarship Foundation Inc ($56k) and The Process of Collaboration a Circle of Ten ($55k).

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 $14k against liabilities of $0, net assets of $14k.