Research To Prevent Blindness Endowment Fund Inc
Research To Prevent Blindness Endowment Fund Inc maintains substantial assets with zero reported officer compensation.
EIN: 133471559 · New York, NY · NTEE: H110 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $75.0M |
| Total Expenses | $8.8M |
| Program Spending | 85% |
| Net Assets | $266.0M |
| Transparency Score | 85/100 |
Is Research To Prevent Blindness Endowment Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Research To Prevent Blindness Endowment Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Research To Prevent Blindness Endowment Fund Inc
Research To Prevent Blindness Endowment Fund Inc (EIN: 133471559) is a nonprofit organization based in New York, NY, classified under NTEE code H110. The organization reported total revenue of $75.0M and total assets of $286.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Research To Prevent Blindness Endowment Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Research To Prevent Blindness Endowment Fund Inc is a major nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.6M |
| Total Expenses | $8.8M |
| Surplus / Deficit | +$5.8M |
| Total Assets | $273.7M |
| Total Liabilities | $7.7M |
| Net Assets | $266.0M |
| Operating Margin | 39.9% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 373.6 months |
Financial Health Grade: A
In 2023, Research To Prevent Blindness Endowment Fund Inc reported a surplus of $5.8M with revenue exceeding expenses, holds 373.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Research To Prevent Blindness Endowment Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +106.1% | -59.5% | +4.7% |
| 2022 | -75.1% | +118.1% | -17.7% |
| 2021 | +721.1% | +6.4% | +9.6% |
| 2020 | -64.5% | -8.7% | +0.5% |
| 2019 | -28.7% | -21.5% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Research To Prevent Blindness Endowment Fund Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Research To Prevent Blindness Endowment Fund Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation directly from the organization, which is a strong positive for financial efficiency and donor confidence.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Research To Prevent Blindness Endowment Fund Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $28.5M in 2021 vs. $7.1M in 2022) could indicate reliance on unpredictable funding sources or investment returns.
- Expenses exceeded revenue in some periods (e.g., 202212: $21.7M expenses vs. $7.1M revenue), which, while potentially managed by an endowment, warrants closer examination of funding sources for such deficits.
Strengths
The following positive indicators were identified for Research To Prevent Blindness Endowment Fund Inc:
- Consistently reports 0% officer compensation, indicating excellent financial efficiency at the executive level.
- Maintains a substantial and stable asset base (e.g., $273,658,736 in 202312), providing long-term financial security.
- Positive net assets in most years, demonstrating sound financial management.
- Clear mission alignment with NTEE code H110 (Medical Research) and name 'Research To Prevent Blindness Endowment Fund Inc'.
Frequently Asked Questions about Research To Prevent Blindness Endowment Fund Inc
Is Research To Prevent Blindness Endowment Fund Inc a legitimate charity?
Research To Prevent Blindness Endowment Fund Inc (EIN: 133471559) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $75.0M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Research To Prevent Blindness Endowment Fund Inc spend its money?
Research To Prevent Blindness Endowment Fund Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Research To Prevent Blindness Endowment Fund Inc tax-deductible?
Research To Prevent Blindness Endowment Fund Inc is registered as a tax-exempt nonprofit (EIN: 133471559). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Research To Prevent Blindness Endowment Fund Inc's spending goes to programs?
Research To Prevent Blindness Endowment Fund Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Research To Prevent Blindness Endowment Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Research To Prevent Blindness Endowment Fund Inc is above average for NTEE category H110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Research To Prevent Blindness Endowment Fund Inc located?
Research To Prevent Blindness Endowment Fund Inc is headquartered in New York, New York and files with the IRS under EIN 133471559. It is classified under NTEE code H110.
How many years of IRS 990 filings does Research To Prevent Blindness Endowment Fund Inc have?
Research To Prevent Blindness Endowment Fund Inc has 13 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 $75.0M in total revenue.
Is Research To Prevent Blindness Endowment Fund Inc a good charity?
Based on the available data, the organization appears to be a well-managed endowment fund with substantial assets ($273,658,736 in 202312) and a consistent record of 0% officer compensation, suggesting strong financial stewardship. Its mission focus on preventing blindness through research is supported by its NTEE code H110 (Medical Research).
How does the organization manage its expenses relative to its revenue?
Expense management varies. In 202312, expenses were $8,789,523 against revenue of $14,626,979, indicating a surplus. However, in 202212, expenses ($21,723,448) significantly exceeded revenue ($7,097,210), which is typical for endowment funds that may draw from principal or accumulated gains in certain years to fund grants or operations.
What is the trend in the organization's assets?
The organization maintains a robust asset base, generally fluctuating between $250 million and $317 million over the past decade. The latest reported assets in 202312 were $273,658,736, demonstrating long-term financial stability.
Does the organization have high administrative costs?
The available data does not provide a detailed breakdown of administrative costs. However, the consistent reporting of 0% officer compensation suggests a lean approach to executive overhead, which is a positive indicator for overall administrative efficiency.
Filing History
IRS 990 filing history for Research To Prevent Blindness Endowment Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Research To Prevent Blindness Endowment Fund Inc's revenue has grown by 35.4%, moving from $10.8M to $14.6M. Total assets increased by 12.3% over the same period, from $243.6M to $273.7M. Total functional expenses rose by 0.9%, from $8.7M to $8.8M. In its most recent filing year (2023), Research To Prevent Blindness Endowment Fund Inc reported a surplus of $5.8M, with revenue exceeding expenses. The organization holds $7.7M in liabilities against $273.7M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $266.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.6M | $8.8M | $273.7M | $7.7M | — | — |
| 2022 | $7.1M | $21.7M | $261.4M | $8.6M | — | — |
| 2021 | $28.5M | $10.0M | $317.7M | $8.6M | — | View 990 |
| 2020 | $3.5M | $9.4M | $289.9M | $9.0M | — | — |
| 2019 | $9.8M | $10.3M | $288.6M | $14.5M | — | View 990 |
| 2018 | $13.7M | $13.1M | $253.7M | $8.1M | — | View 990 |
| 2017 | $22.6M | $10.4M | $278.1M | $8.9M | — | View 990 |
| 2016 | $10.0M | $9.4M | $252.8M | $7.5M | — | View 990 |
| 2015 | $11.6M | $9.9M | $246.0M | $7.8M | — | View 990 |
| 2014 | $19.9M | $14.3M | $261.6M | $7.7M | — | View 990 |
| 2013 | $10.4M | $11.1M | $264.6M | $6.9M | — | View 990 |
| 2012 | $12.7M | $9.8M | $260.2M | $6.7M | — | View 990 |
| 2011 | $10.8M | $8.7M | $243.6M | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.6M, expenses of $8.8M, and assets of $273.7M (revenue +106.1% year-over-year).
- 2022: Revenue of $7.1M, expenses of $21.7M, and assets of $261.4M (revenue -75.1% year-over-year).
- 2021: Revenue of $28.5M, expenses of $10.0M, and assets of $317.7M (revenue +721.1% year-over-year).
- 2020: Revenue of $3.5M, expenses of $9.4M, and assets of $289.9M (revenue -64.5% year-over-year).
- 2019: Revenue of $9.8M, expenses of $10.3M, and assets of $288.6M (revenue -28.7% year-over-year).
- 2018: Revenue of $13.7M, expenses of $13.1M, and assets of $253.7M (revenue -39.2% year-over-year).
- 2017: Revenue of $22.6M, expenses of $10.4M, and assets of $278.1M (revenue +126.0% year-over-year).
- 2016: Revenue of $10.0M, expenses of $9.4M, and assets of $252.8M (revenue -14.2% year-over-year).
- 2015: Revenue of $11.6M, expenses of $9.9M, and assets of $246.0M (revenue -41.5% year-over-year).
- 2014: Revenue of $19.9M, expenses of $14.3M, and assets of $261.6M (revenue +91.1% year-over-year).
- 2013: Revenue of $10.4M, expenses of $11.1M, and assets of $264.6M (revenue -18.2% year-over-year).
- 2012: Revenue of $12.7M, expenses of $9.8M, and assets of $260.2M (revenue +17.8% year-over-year).
- 2011: Revenue of $10.8M, expenses of $8.7M, and assets of $243.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Research To Prevent Blindness Endowment Fund Inc:
Data Sources and Methodology
This transparency report for Research To Prevent Blindness Endowment Fund 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.