Eyecare To The Needy Inc
EIN: 582482987 · Columbus, GA · NTEE: G41
| Metric | Value |
|---|---|
| Total Revenue | $603K |
| Total Expenses | $136K |
| Net Assets | $361K |
Is Eyecare To The Needy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eyecare To The Needy Inc
Eyecare To The Needy Inc (EIN: 582482987) is a nonprofit organization based in Columbus, GA, classified under NTEE code G41. The organization reported total revenue of $603K and total assets of $839K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eyecare To The Needy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eyecare To The Needy Inc is a small nonprofit that has been operating for 27 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $136K |
| Surplus / Deficit | +$35K |
| Total Assets | $361K |
| Net Assets | $361K |
| Operating Margin | 20.6% |
| Months of Reserves | 32.0 months |
Financial Health Grade: A
In 2023, Eyecare To The Needy Inc reported a surplus of $35K with revenue exceeding expenses, holds 32.0 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2016–2023), Eyecare To The Needy Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.5% | +65.4% | +10.8% |
| 2022 | +33.8% | -51.2% | +105.3% |
| 2021 | +385.0% | +501.7% | +12.8% |
| 2020 | -28.8% | +12.8% | +8.0% |
| 2019 | -7.8% | -40.4% | +28.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eyecare To The Needy Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Eyecare To The Needy Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
Frequently Asked Questions about Eyecare To The Needy Inc
Is Eyecare To The Needy Inc a legitimate charity?
Eyecare To The Needy Inc (EIN: 582482987) is a registered tax-exempt nonprofit based in Georgia. It has 7 years of IRS 990 filings on record. Total revenue: $603K. No red flags identified. Financial health grade: A.
How does Eyecare To The Needy Inc spend its money?
Eyecare To The Needy Inc reported $603K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eyecare To The Needy Inc tax-deductible?
Eyecare To The Needy Inc is registered as a tax-exempt nonprofit (EIN: 582482987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eyecare To The Needy Inc located?
Eyecare To The Needy Inc is headquartered in Columbus, Georgia and files with the IRS under EIN 582482987. It is classified under NTEE code G41.
How many years of IRS 990 filings does Eyecare To The Needy Inc have?
Eyecare To The Needy Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $603K in total revenue.
Filing History
IRS 990 filing history for Eyecare To The Needy Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Eyecare To The Needy Inc's revenue has grown by 121.6%, moving from $77K to $171K. Total assets increased by 325.9% over the same period, from $85K to $361K. Total functional expenses rose by 198.7%, from $45K to $136K. In its most recent filing year (2023), Eyecare To The Needy Inc reported a surplus of $35K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $136K | $361K | $0 | — | — |
| 2022 | $249K | $82K | $326K | $0 | — | View 990 |
| 2021 | $186K | $168K | $159K | $0 | — | — |
| 2020 | $38K | $28K | $141K | $0 | — | — |
| 2019 | $54K | $25K | $130K | $0 | — | View 990 |
| 2018 | $59K | $42K | $101K | $0 | — | View 990 |
| 2016 | $77K | $45K | $85K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $136K, and assets of $361K (revenue -31.5% year-over-year).
- 2022: Revenue of $249K, expenses of $82K, and assets of $326K (revenue +33.8% year-over-year).
- 2021: Revenue of $186K, expenses of $168K, and assets of $159K (revenue +385.0% year-over-year).
- 2020: Revenue of $38K, expenses of $28K, and assets of $141K (revenue -28.8% year-over-year).
- 2019: Revenue of $54K, expenses of $25K, and assets of $130K (revenue -7.8% year-over-year).
- 2018: Revenue of $59K, expenses of $42K, and assets of $101K (revenue -24.1% year-over-year).
- 2016: Revenue of $77K, expenses of $45K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eyecare To The Needy Inc:
Data Sources and Methodology
This transparency report for Eyecare To The Needy Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.