International Eye Foundation

Analysis

International Eye Foundation is a registered charity in United States, based in Kensington, MD. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, International Eye Foundation reported income of $1.9m and spending of $1.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $1.9m (-59%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 54%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Eye Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Machon Maayan ($1.9m), Kobo Inc ($1.9m) and Parliamentarians for Global Action ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $107k (6.2% of expenses). Other salaries and wages came to $229k. It paid $60k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $183k, net assets of $2.3m. It reported 5 employees.