Nantucket Retina Foundation

Analysis

Nantucket Retina Foundation is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 2003, 23 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 (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, Nantucket Retina Foundation reported income of $70k and spending of $95k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $70k (+8.7%), an average of +8.7% a year. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nantucket Retina Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within KY. Charities of a similar size with the same main cause include Associates of Rehabilitation Programs Inc ($70k), Zouves Foundation for Reproductive Medicine ($70k) and The York County Medical Foundation Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.