Hermann Eye Fund

Analysis

Hermann Eye Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1981, 45 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 July 2022, Hermann Eye Fund reported income of $4.8m and spending of $2.4m, leaving 49% of income unspent that year. Across the 4 years on record, from July 2018 to July 2022, income grew from $2.2m to $4.8m (+122%), an average of +30% a year. The sharpest change came in the year to July 2019, when income rose by 847%. Over the whole period it spent 36% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hermann Eye Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Harford-Belair Community Mental Health Center Inc ($4.8m), Childserve Clinic Inc ($4.8m) and Arizona Youth Partnership ($4.8m).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 25% of the total. At year end it held assets of $31.2m against liabilities of $0, net assets of $31.2m.