Association of University Professors of Ophthalmology Inc

Analysis

Association of University Professors of Ophthalmology Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association of University Professors of Ophthalmology Inc reported income of $4.8m and spending of $4.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $4.8m (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of University Professors of Ophthalmology Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Dayspring Homes Inc ($4.8m), Multiple Sclerosis Foundation Inc ($4.8m) and Mutual Housing Association of Greater Hartford Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $188k (4.3% of expenses). At year end it held assets of $10.4m against liabilities of $750k, net assets of $9.7m.