Eye Corps Inc

Analysis

Eye Corps Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2018, 8 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eye Corps Inc reported income of $1.4m and spending of $1.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $844k to $1.4m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 760%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eye Corps Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Booneville Community Hospital Inc ($1.4m), Johnnys Ambassadors Inc ($1.4m) and Harness Horsemens Health and Retirement Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $331k (27% of expenses). At year end it held assets of $520k against liabilities of $6,418, net assets of $514k. It reported 2 employees.