Special Needs Vision Clinic

Analysis

Special Needs Vision Clinic is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in June 1982, 44 years ago. 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, Special Needs Vision Clinic reported income of $129k and spending of $160k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $187k to $129k (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Special Needs Vision Clinic sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Ironbound Ambulance Squad Inc ($129k), Members of Churches of Christ for ($129k) and Old Blanco County Courthouse Preservation Society ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $79k (49% of expenses). Other salaries and wages came to $21k. At year end it held assets of $69k against liabilities of $5,313, net assets of $64k. It reported 2 employees.