Iseps Global Ophthalmology Foundation

Analysis

Iseps Global Ophthalmology Foundation is a registered charity in United States, based in Vernon Hills, IL. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Iseps Global Ophthalmology Foundation reported income of $55k and spending of $115k, spending 209% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $55k (+10%), an average of +10% a year. Over the whole period it spent 134% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Iseps Global Ophthalmology Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Rosemoor Community Association ($55k), Womens Media Group Educational Foundation ($55k) and Greene County Local Educational Advancement Foundation ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.