Sight Savers America Inc

Analysis

Sight Savers America Inc is a registered charity in United States, based in Pelham, AL. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover health care, 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 September 2023, Sight Savers America Inc reported income of $4.3m and spending of $4.3m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.9m to $4.3m (+12%), an average of +2.8% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sight Savers America Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Strasburg Nursing Home ($4.3m), Walker Center for Alcoholism and Drug Abuse Inc ($4.3m) and Piedmont Heart Institute Inc ($4.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $682k (16% of expenses). At year end it held assets of $2.2m against liabilities of $203k, net assets of $2.0m. It reported 46 employees.