Foundation for Opthamological Care From United States Inc

Analysis

Foundation for Opthamological Care From United States Inc is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in November 2020, 6 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, Foundation for Opthamological Care From United States Inc reported income of $672k and spending of $689k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $480k to $672k (+40%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Opthamological Care From United States Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Healthy Scholars Foundation ($671k), Serving Seniors Inc ($672k) and Eastern New Mexico Emergency Medical Services Corporation ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.