Foundation for Saving Sight Inc

Analysis

Foundation for Saving Sight Inc is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in May 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, Foundation for Saving Sight Inc reported income of $132k and spending of $164k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $146k to $132k (-9.0%), an average of -2.3% a year. Over the whole period it spent 70% 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 Saving Sight Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Her Institute ($132k), The Triangle Club Inc ($132k) and Multicultural Health Foundation ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (18% of expenses). At year end it held assets of $738k against liabilities of $0, net assets of $738k.