The Eye-Bank for Sight Restoration
Also known as The Eye-Bank of New York
The Eye-Bank for Sight Restoration reported $13.6 million in revenue and $10.4 million in expenses for calendar year 2024. Of every $100 it spent, $80.02 went to program services, $11.91 to management and general costs and $8.07 to fundraising. Its largest source of revenue was investment income: 54.1% of the total. The highest compensation it reported for one person was $376,467 (CEO/Exec. Dir.). 24 people received more than $100,000 in reportable compensation. Revenue rose 33% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $10MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $14M- Contributions & grants (non-government)$4.69 $639K
- Program service revenue$41.39 $5.6M
- Investment income$53.92 $7.3M
Other revenue was negative: −$40,301. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.0% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.9% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 8.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $1.32 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 4.7% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 41.5% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $376,467 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.61% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 24 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 99.7 | 6.8 |
| Independent voting board members Part VI 1a–1b | 20 of 20 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe Eye-Banks state-of-the-art ocular laboratory operates 24/7 to recover, evaluate and distribute safe, quality donor eye tissue for cornea transplants and other ophthalmic surgeries. Staff receives continual education and training in the latest technological advances, including preparing partial thickness grafts which can be provided pre-loaded upon request for endothelial keratoplasty (EK) procedures
The Eye-Banks Ocular Tissue Research Program supplies donor eye tissue to medical scientists researching cures and treatment of eye diseases such as cataracts, glaucoma and diseases of the retina. The Eye-Bank also provides adult human Retina Pigment Epithelial (ah-RPE) cells to a growing number of researchers across the country who are conducting studies on the potential for transplanting RPE cells in the future. In 2024, The Ocular Tissue Research Program expanded its ability to fulfill requests for even more specific types of tissue for customized research. The Eye-Bank also hosted a third…
The Eye-Banks Public Education Program offers resources and materials about eye donation to the general public including brochures and a newsletter, eye-to-eye, which is circulated to more than 15,000 transplant recipients, friends and supporters of The Eye-Bank and an effective website that also offers valuable information in Spanish as well as English about eye donation and cornea transplantation; how to write to your donor family; and how to enroll in the NYS Donate Life Registry. In addition, The Eye-Bank increased its presence on social media platforms with videos featuring transplant…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO/Exec. Dir. Officer, 40.00 hrs/week | $330,000 | $0 | $46,467 | $376,467 |
| Associate Director Listed in Part VII, 40.00 hrs/week | $184,062 | $0 | $61,790 | $245,852 |
| Dir of Development Listed in Part VII, 40.00 hrs/week | $173,269 | $0 | $60,335 | $233,604 |
| Laboratory Manager Listed in Part VII, 40.00 hrs/week | $151,099 | $0 | $57,635 | $208,734 |
| Dir Communications Listed in Part VII, 40.00 hrs/week | $166,663 | $0 | $32,411 | $199,074 |
| Dir Fin & Admin Listed in Part VII, 40.00 hrs/week | $147,815 | $0 | $30,528 | $178,343 |
24 people received more than $100,000 in reportable compensation from The Eye-Bank for Sight Restoration (Part VII, line 2). Compensation of current officers, directors and key employees totaled $376K (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b20 · 20 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 565
- Volunteers Part I, line 626
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
9 private foundations reported grants to The Eye-Bank for Sight Restoration totaling $187K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Eye-Bank for Sight Restoration's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Eye-Bank for Sight Restoration, you can publish a response that is linked from this page.
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Of every $100 The Eye-Bank for Sight Restoration spent in 2024, $80.02 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Christian CityUnion City, GA · revenue $14M · programs 70.3% · FY2025
- Da Blodgett - St John'sGrand Rapids, MI · revenue $14M · programs 81.6% · 2024
- Catholic Charities of Orange Sullivan & UlsterGoshen, NY · revenue $14M · programs 86.9% · 2024
- Memphis Health CenterMemphis, TN · revenue $14M · programs 61.9% · FY2025
- Girl Scouts of Northern New JerseyRiverdale, NJ · revenue $14M · programs 84.6% · FY2025
Questions people ask
How much of The Eye-Bank for Sight Restoration's spending goes to programs?
In calendar year 2024, The Eye-Bank for Sight Restoration reported that 80.0% of its $10.4 million in expenses went to program services, 11.9% to management and general and 8.1% to fundraising (Form 990, Part IX).
How much does The Eye-Bank for Sight Restoration pay its top executive?
The largest total compensation The Eye-Bank for Sight Restoration reported for one person in calendar year 2024 was $376,467, for the role of CEO/Exec. Dir. (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Eye-Bank for Sight Restoration get its money?
Of $13.6 million in revenue in calendar year 2024, 4.7% came from contributions and grants and 41.5% from program service revenue (Form 990, Part VIII).
Is The Eye-Bank for Sight Restoration a registered charity?
The IRS lists EIN 13-1623998 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513179349303216 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202402969349301215 · read the filing
- 2022: Form 990 for calendar year 2022, object 202312999349300731 · read the filing
- 2021: Form 990 for calendar year 2021, object 202242949349300534 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123509349300337 · read the filing
All filings for EIN 13-1623998: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.