Eye Tumor Research Foundation Inc

Analysis

Eye Tumor Research Foundation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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, Eye Tumor Research Foundation Inc reported income of $153k and spending of $208k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $153k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eye Tumor Research Foundation Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Vernonia Booster Club ($153k), S T R E a M Global Innovations Inc ($153k) and Ministerio Mujeres Restauradas Por Dios Inc ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $49k. At year end it held assets of $874k against liabilities of $0, net assets of $874k. It reported 9 employees.