Eye Foundation of America Inc

Analysis

Eye Foundation of America Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in April 1983, 43 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eye Foundation of America Inc reported income of $908k and spending of $772k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $840k to $908k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Eye Foundation of America Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within WV. Charities of a similar size with the same main cause include Mission Twenty-Five 35 ($908k), Path Foundation Philippines Inc ($910k) and Junior Achievement of East Tennessee ($908k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $44k (5.7% of expenses). At year end it held assets of $523k against liabilities of $0, net assets of $523k. It reported 1 employees.