Lions Optometric Vision Clinic

Analysis

Lions Optometric Vision Clinic is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 1968, 58 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 December 2023, Lions Optometric Vision Clinic reported income of $62k and spending of $66k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $62k (-25%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lions Optometric Vision Clinic sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include PTA New York Congress ($62k), Fremont County Historical Society Inc ($62k) and Parent Teacher Association of Connecticut Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 71% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.