Lions Eye Bank of Texas

Analysis

Lions Eye Bank of Texas is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover health care, 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 June 2023, Lions Eye Bank of Texas reported income of $107k and spending of $95k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $86k to $107k (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lions Eye Bank of Texas sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Wisconsin Regional Service Office ($107k), Community Coalitions Health Institute ($107k) and Erasing the Distance ($107k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% of the total. Other salaries and wages came to $58k. At year end it held assets of $232k against liabilities of $5,900, net assets of $227k.