Kentucky Lions Eye Foundation Inc

Analysis

Kentucky Lions Eye Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 1957, 69 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Kentucky Lions Eye Foundation Inc reported income of $1.3m and spending of $493k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $540k to $1.3m (+148%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 183%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kentucky Lions Eye Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within KY. Charities of a similar size with the same main cause include Health Workforce New York Inc ($1.3m), Urban Health Partnerships Incorporated ($1.3m) and Catch a Dream Foundation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $102k (21% of expenses). Other salaries and wages came to $106k. At year end it held assets of $6.1m against liabilities of $74k, net assets of $6.1m. It reported 3 employees.