Pan-American Ophthalmological Foundation

Analysis

Pan-American Ophthalmological Foundation is a registered charity in United States, based in Pantego, TX. It received its IRS tax-exemption ruling in May 1973, 53 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, Pan-American Ophthalmological Foundation reported income of $421k and spending of $278k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $376k to $421k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pan-American Ophthalmological Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include National Organization of Sisters of Color Ending Sexual Assault ($421k), Cure VCP Disease Inc ($421k) and Kolbe Center Inc ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $2.7m against liabilities of $95k, net assets of $2.6m.