Ohio Lions Eye Research Foundation

Analysis

Ohio Lions Eye Research Foundation is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in March 1957, 69 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2023, Ohio Lions Eye Research Foundation reported income of $201k and spending of $695k, spending 346% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $257k to $201k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 230% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ohio Lions Eye Research Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Van Sciver Corporation ($201k), Mid Co Inc Volunteer Rescue Squad ($201k) and Detroit East Medical Control Authority ($201k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $2.3m against liabilities of $542k, net assets of $1.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.