Dry Eye Foundation

Analysis

Dry Eye Foundation is a registered charity in United States, based in Poulsbo, WA. It received its IRS tax-exemption ruling in February 2019, 7 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, Dry Eye Foundation reported income of $161k and spending of $161k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $161k (+209%), an average of +209% a year. The sharpest change came in the year to December 2023, when income rose by 209%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dry Eye Foundation sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within WA. Charities of a similar size with the same main cause include Candlelighters Childhood Cancer Foundation of Southern Arizona ($161k), RX Ballroom Dance ($161k) and Hope Volunteer Fire Department Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $19k against liabilities of $470, net assets of $18k.