Retina Research & Development Foundation

Analysis

Retina Research & Development Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 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, Retina Research & Development Foundation reported income of $516k and spending of $71k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $516k (+163%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 342%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Retina Research & Development Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within MO. Charities of a similar size with the same main cause include Bethlehem Redevelopment Assoc ($516k), Precious Ones Learning Center Inc ($516k) and Victory Oaks Inc ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.