Eyelliance Inc

Analysis

Eyelliance Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover health care, 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, Eyelliance Inc reported income of $1.1m and spending of $2.1m, spending 195% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.9m to $1.1m (-43%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 193%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eyelliance Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Agape Pregnancy Center ($1.1m), Open Arms Pregnancy Clinic ($1.1m) and City of Hope Missions Inc ($1.1m).

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 $186k (9.0% of expenses). Other salaries and wages came to $660k. At year end it held assets of $2.5m against liabilities of $45k, net assets of $2.5m. It reported 8 employees.