Baton Rouge Regional Eye Bank Inc

Analysis

Baton Rouge Regional Eye Bank Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in January 2002, 24 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 December 2023, Baton Rouge Regional Eye Bank Inc reported income of $1.3m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $983k to $1.3m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baton Rouge Regional Eye Bank 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 81st percentile within LA. Charities of a similar size with the same main cause include Opportunity in Living Residential Services Inc ($1.3m), Mosaic Health Center Inc ($1.3m) and Alps Adult Day Services ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $104k (7.8% of expenses). Other salaries and wages came to $220k. At year end it held assets of $1.8m against liabilities of $725k, net assets of $1.1m. It reported 21 employees.