Eye Care for Kids - Group Return

Analysis

Eye Care for Kids - Group Return is a registered charity in United States, based in Midvale, UT. It received its IRS tax-exemption ruling in November 2016, 10 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 December 2023, Eye Care for Kids - Group Return reported income of $3.8m and spending of $4.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $3.8m (+265%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 162%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eye Care for Kids - Group Return sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within UT. Charities of a similar size with the same main cause include Ozanam Charitable Pharmacy Inc ($3.8m), Safety Glazing Certification Council Inc ($3.8m) and Belgrade Nursing Home ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $148k (3.7% of expenses). Other salaries and wages came to $547k. At year end it held assets of $1.1m against liabilities of $471k, net assets of $595k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.