Kino-Eye Centere for Visual Innovation

Analysis

Kino-Eye Centere for Visual Innovation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2004, 22 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 2022, Kino-Eye Centere for Visual Innovation reported income of $62k and spending of $85k, spending 138% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $145k to $62k (-57%), an average of -57% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kino-Eye Centere for Visual Innovation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Scott Schoenthal Circle of Love ($62k), Morgan Memorial Hospital Foundation ($62k) and Crystal Coast Autism Center ($62k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.