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Retina Research Foundation Permanent Endowment Fund

RegisteredEIN 74-1860430Houston, TXHealth and saving lives
Income$3.0m2022-12
Spending$2.2msame year
Spent / received47%4-year average
Size in its cause75th pctHealth and saving lives
Exempt since1976Supporting organisation
Employees0latest return

Analysis

Retina Research Foundation Permanent Endowment Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1976, 50 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Retina Research Foundation Permanent Endowment Fund reported income of $3.0m and spending of $2.2m, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.4m to $3.0m (-14%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 379%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Retina Research Foundation Permanent Endowment Fund sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Emergency Medical Service Institute ($3.0m), Caps International Inc ($3.0m) and Monarch Health Services Inc ($3.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 11% of the total. At year end it held assets of $60.8m against liabilities of $71k, net assets of $60.7m.

Income and spending

$0$2.0m$4.0m$6.0m$8.0m2019 Income: $3,449,9812019 Spending: $1,871,05120192020 Income: $1,679,0042020 Spending: $1,735,08020202021 Income: $8,036,7482021 Spending: $1,791,32220212022 Income: $2,984,1862022 Spending: $2,232,9932022
IncomeSpending

Where the income comes from

  • Contributions & grants 11%
  • Other 89%

Similar-sized charities, same cause

CharityLocationIncome
Emergency Medical Service InstitutePittsburgh$3.0m
Caps International IncCoral Gables$3.0m
Monarch Health Services IncWest Palm BCH$3.0m
Samadhi Center IncKingston$3.0m