Eye Care for Kids
Analysis
Eye Care for Kids is a registered charity in United States, based in Midvale, UT. It received its IRS tax-exemption ruling in November 2016, 10 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, Eye Care for Kids reported income of $3.6m and spending of $3.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $3.6m (-13%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 86% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eye Care for Kids sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within UT. Charities of a similar size with the same main cause include Chicano Awareness Center Inc ($3.6m), Realoptions ($3.6m) and Prevention Research Institute Inc ($3.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $99k (2.8% of expenses). Other salaries and wages came to $519k. At year end it held assets of $6.1m against liabilities of $1.3m, net assets of $4.8m. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 19%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chicano Awareness Center Inc | Omaha | $3.6m |
| Realoptions | San Jose | $3.6m |
| Prevention Research Institute Inc | Lexington | $3.6m |
| United Cerebral Palsy Association of San Diego County | San Diego | $3.6m |