Dean McGee Eye Institute Foundation

Analysis

Dean McGee Eye Institute Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dean McGee Eye Institute Foundation reported income of $3.3m and spending of $5.9m, spending 177% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.9m to $3.3m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dean McGee Eye Institute Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OK. Charities of a similar size with the same main cause include Diverse Options Inc ($3.3m), Northwest Childrens Outreach ($3.3m) and Delmarva Teen Challenge Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. Other salaries and wages came to $189k. At year end it held assets of $48.8m against liabilities of $0, net assets of $48.8m. It reported 4 employees.