Unite for Sight Inc

Analysis

Unite for Sight Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in September 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 June 2023, Unite for Sight Inc reported income of $126k and spending of $51k, leaving 59% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $667k to $126k (-81%), an average of -34% a year. The sharpest change came in the year to June 2022, when income dropped by 62%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Unite for Sight Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Appna South Florida ($126k), Global Organization of Health Education ($126k) and Breast Cancer Aid and Research Institute ($126k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $863k against liabilities of $2,681, net assets of $860k.