Friends for Sight

Analysis

Friends for Sight is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in September 2002, 24 years ago. 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 March 2024, Friends for Sight reported income of $602k and spending of $696k, spending 116% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $525k to $602k (+15%), an average of +3.5% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends for Sight sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within UT. Charities of a similar size with the same main cause include Diocesan Council of Camden SVDP ($602k), Seniors Assistance Center ($602k) and Discovery Eye Foundation ($602k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $414k. At year end it held assets of $2.1m against liabilities of $31k, net assets of $2.0m. It reported 9 employees.