Retina Society Inc

Analysis

Retina Society Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Retina Society Inc reported income of $1.7m and spending of $2.0m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Retina Society Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Good Samaritan Hospital Free Clinic ($1.7m), Community Resource & Counseling Center Inc ($1.7m) and Allied Services Risk Retention Group ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 75% of the total. Other salaries and wages came to $82k. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m. It reported 1 employees.