Eye Dog Foundation

Analysis

Eye Dog Foundation is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in July 1958, 68 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 April 2023, Eye Dog Foundation reported income of $116k and spending of $418k, spending 360% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $370k to $116k (-69%), an average of -32% a year. The sharpest change came in the year to April 2021, when income dropped by 67%. Over the whole period it spent 238% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eye Dog Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Little River Academy Volunteer Fire Department ($116k), Anna Crusis Feminist Choir Inc ($116k) and Cattlegrowers Foundation Incorporated ($116k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 22% of the total. Compensation of current officers, directors and key employees was $84k (20% of expenses). Other salaries and wages came to $94k. At year end it held assets of $3.8m against liabilities of $6,132, net assets of $3.8m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.