Tear Film and Ocular Surface Society Inc

Analysis

Tear Film and Ocular Surface Society Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover medical research, 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 2024, Tear Film and Ocular Surface Society Inc reported income of $1.4m and spending of $467k, leaving 66% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $832k to $1.4m (+65%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 108%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tear Film and Ocular Surface Society Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Gabby Krause Foundation ($1.4m), Womens Care Center of Milwaukee Mother Mary Corporation ($1.4m) and New Creation Behavioral Healthcare Foundation ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Other salaries and wages came to $275k. At year end it held assets of $921k against liabilities of $18k, net assets of $903k. It reported 3 employees.