Charity Search / EYE BANK FOR SIGHT RESTORATION INC
Uncategorized IRS Verified DX Registered 990 on File

EYE BANK FOR SIGHT RESTORATION INC

EIN: 13-1623998 · NEW YORK, NY 10005-3912 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 85/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

The Eye-Bank for Sight Restoration is the world’s first eye bank. Established in New York City in 1944, it is a private, not-for-profit organization devoted to restoring sight through eye donations and cornea transplants, as well as providing ocular tissue for research into treatment and cures for other eye diseases. Since The Eye-Bank was founded, the pioneering organization has helped provide the beautiful gift of sight to more than 65,000 individuals who would have otherwise been blind. Today, The Eye-Bank is a leader in the field, operating a state-of-the-art Ocular Laboratory and employing advanced techniques in preparing donor tissue for successful transplant surgeries. The Eye-Bank also provides eye tissue to patients in need of life-enhancing, reconstructive surgery. The Eye-Bank’s Professional Education program provides healthcare and medical professionals with up-to-date information about eye donation. Our Public Education efforts create awareness in the community about the need for increased eye donation and the good that it can do.

Financial Overview — FY 2024
$13.6M
Total Revenue
$10.4M
Total Expenses
$86.7M
Net Assets
65
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.0%
Fundraising Efficiency 3635.1%
Operating Reserve 99.71x
Liability-to-Asset 2.8%
Revenue Diversification 54.1%
Executive Compensation $376K
Compared with Peers
Peer comparison is not available for this organization.
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $13.6M $10.4M $86.7M 80.0% 65
2023 $11.7M $9.8M $78.5M 79.0% 66
2022 $13.5M $10.1M $66.7M 79.9% 69
2021 $10.3M $9.4M N/A 61
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Organization Details
EIN
13-1623998
State
NY
City
NEW YORK
ZIP
10005-3912
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1944
Foundation Code
15
Form 990
On File
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