Aravind Eye Foundation

Analysis

Aravind Eye Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover health care, 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, Aravind Eye Foundation reported income of $4.6m and spending of $451k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $996k to $4.6m (+365%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 722%. Over the whole period it spent 50% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aravind Eye Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Laguna Beach Community Clinic Inc ($4.6m), Upmc ($4.6m) and Sequoia Project ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $54k (12% of expenses). At year end it held assets of $7.1m against liabilities of $0, net assets of $7.1m. It reported 1 employees.