Lions Eye Foundation of California Nevada Inc

Analysis

Lions Eye Foundation of California Nevada Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 1971, 55 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 June 2023, Lions Eye Foundation of California Nevada Inc reported income of $743k and spending of $667k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $682k to $743k (+9.0%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lions Eye Foundation of California Nevada Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Carlsbad Community Anti Drug Gang Coalition Inc ($743k), Carroll County Wellness Center Inc ($743k) and Homestead Residences Inc ($743k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $58k (8.6% of expenses). Other salaries and wages came to $15k. At year end it held assets of $13.8m against liabilities of $0, net assets of $13.8m. It reported 2 employees.