Holland Foundation for Sight Restoration Inc

Analysis

Holland Foundation for Sight Restoration Inc is a registered charity in United States, based in Erlanger, KY. It received its IRS tax-exemption ruling in April 2020, 6 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, Holland Foundation for Sight Restoration Inc reported income of $397k and spending of $370k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $485k to $397k (-18%), an average of -9.5% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 40% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Holland Foundation for Sight Restoration Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include New York State Rheumatology Society Inc ($397k), Red Sneakers for Oakley Inc ($397k) and The Eyesight Foundation of Alabama ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Other salaries and wages came to $120k. At year end it held assets of $874k against liabilities of $2,754, net assets of $871k. It reported 1 employees.