Mountain State Congress of Optometry Inc

Analysis

Mountain State Congress of Optometry Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 1977, 49 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Mountain State Congress of Optometry Inc reported income of $363k and spending of $318k, spending 88% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $214k to $363k (+69%), an average of +14% a year. The sharpest change came in the year to March 2023, when income rose by 233%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mountain State Congress of Optometry Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Community Resilience Initiative ($363k), Genesis Project Inc ($363k) and SSM Audrain Health Care Inc ($362k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 4.1% and program service revenue 93% of the total. At year end it held assets of $270k against liabilities of $26k, net assets of $244k.