Pediatric Retinal Research Foundation

Analysis

Pediatric Retinal Research Foundation is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in June 2006, 20 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, Pediatric Retinal Research Foundation reported income of $119k and spending of $88k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $154k to $119k (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pediatric Retinal Research Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Center for Chronic Illness ($119k), Cathy Miller Cancer Fund Inc ($119k) and Larry Burkett Cancer Research Foundation Inc ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. It paid $4,496 in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $262, net assets of $1.3m.