Voluntary Optometric Services to Humanity-Michigan

Analysis

Voluntary Optometric Services to Humanity-Michigan is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in February 1995, 31 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, Voluntary Optometric Services to Humanity-Michigan reported income of $145k and spending of $195k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $145k (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 805%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Voluntary Optometric Services to Humanity-Michigan sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Health and Education for All ($144k), Hope Pregnancy Center Inc ($145k) and Chix4acause Ltd ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.