Cincinnati Eye Institute Foundation

Analysis

Cincinnati Eye Institute Foundation is a registered charity in United States, based in Blue Ash, OH. It received its IRS tax-exemption ruling in September 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, Cincinnati Eye Institute Foundation reported income of $609k and spending of $803k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $609k (+106%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cincinnati Eye Institute Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Premier Community Health ($609k), Med13l Foundation Inc ($609k) and Home Technology Solutions Inc ($609k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $7,000 (0.9% of expenses). Other salaries and wages came to $527k. At year end it held assets of $692k against liabilities of $124k, net assets of $568k.