American Society of Ocularists

Analysis

American Society of Ocularists is a registered charity in United States, based in Placitas, NM. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, American Society of Ocularists reported income of $371k and spending of $420k, spending 113% of what it took in. Across the 6 years on record, from July 2019 to December 2023, income grew from $324k to $371k (+14%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Society of Ocularists sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NM. Charities of a similar size with the same main cause include Coe College ($370k), Conrad Community Education Foundation Inc ($371k) and South Pointe Middle School Performing Arts Booster Club ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. At year end it held assets of $335k against liabilities of $166k, net assets of $169k.