International Society for Contact Lens Research

Analysis

International Society for Contact Lens Research is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, International Society for Contact Lens Research reported income of $182k and spending of $71k, leaving 61% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $127k to $182k (+43%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, International Society for Contact Lens Research sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within MO. Charities of a similar size with the same main cause include Support for Actively Rising Youth ($182k), Misfits Mission ($182k) and Friends of Nursing ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $497k against liabilities of $9,300, net assets of $488k.