Retina Foundation of the Southwest

Analysis

Retina Foundation of the Southwest is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1975, 51 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 (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, Retina Foundation of the Southwest reported income of $7.8m and spending of $7.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.7m to $7.8m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Retina Foundation of the Southwest sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Valley Community Counseling Services ($7.8m), Multiple Sclerosis Association of America Inc ($7.8m) and North Shore- Lij Medical Group at Huntington PC ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $1.3m (17% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $13.2m against liabilities of $938k, net assets of $12.3m. It reported 42 employees.