Beauty of Sight Foundation

Analysis

Beauty of Sight Foundation is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Beauty of Sight Foundation reported income of $316k and spending of $204k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $247k to $316k (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 359%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beauty of Sight Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include International Paruresis Association Inc ($316k), West Oakland Health Facilities Development Corporation ($316k) and Scenic Rivers Area Health Education Center ($315k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.3m against liabilities of $5,500, net assets of $1.3m.