National Board of Examiners in Optometry

Analysis

National Board of Examiners in Optometry is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, National Board of Examiners in Optometry reported income of $10.9m and spending of $8.9m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $10.9m (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Board of Examiners in Optometry sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Family Values at Work a Multi-State Consortium ($10.9m), Impower Inc ($10.9m) and Florence Fuller Child Development Centers Inc ($10.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $412k (4.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $15.4m against liabilities of $6.2m, net assets of $9.2m. It reported 79 employees.