Vitreoretinal Surgery Foundation

Analysis

Vitreoretinal Surgery Foundation is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Vitreoretinal Surgery Foundation reported income of $234k and spending of $157k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $234k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vitreoretinal Surgery Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Helping Hands for Single Moms Dallas ($234k), Integral Steps ($234k) and Upper Midwest A-C Club ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 19% of the total. At year end it held assets of $969k against liabilities of $71k, net assets of $898k.