San Antonio Eye Bank

Analysis

San Antonio Eye Bank is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Antonio Eye Bank reported income of $4.2m and spending of $4.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.6m to $4.2m (-7.6%), an average of -2.0% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, San Antonio Eye Bank sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Preterm Cleveland Inc ($4.2m), Center for Mind-Body Medicine ($4.2m) and Nashville Wine Auction ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $232k (5.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $8.9m against liabilities of $1.1m, net assets of $7.8m.