Texas Lions Eye Bank Alliance

Analysis

Texas Lions Eye Bank Alliance is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in July 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Texas Lions Eye Bank Alliance reported income of $221k and spending of $246k, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $259k to $221k (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Lions Eye Bank Alliance sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Mental Health Association of Greater Chicago Inc ($221k), Cri Inc ($221k) and Samaritan House Inc ($221k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Other salaries and wages came to $118k. At year end it held assets of $103k against liabilities of $1,468, net assets of $102k. It reported 9 employees.