Richmond Eye & Ear Healthcare Alliance
Only null% goes to programs Strong reserves Declining revenue
Richmond Eye & Ear Healthcare Alliance is a 501(c)(3) organization based in Richmond, Virginia, registered in 2000, with $3,800,854 in FY2024 revenue. CharityIndex grades it D.
8700 Stony Point Pkwy Ste 100, Richmond, VA, 23235 EIN 54-1904435 Since 2000
Revenue (FY2024)
$3.8M
▲ 15.2% vs prior year
Health median: $840K
Expenses (FY2024)
$5.2M
Net assets
$36.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Richmond Eye & Ear Healthcare Alliance— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating85 mo reserves · -37% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Richmond Eye & Ear Healthcare Alliance: 85 mo reserves · -37% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Richmond Eye & Ear Healthcare Alliance— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Richmond Eye & Ear Healthcare Alliance: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 8700 Stony Point Pkwy Ste 100, Richmond, VA, 23235
- City
- Richmond
- State
- Virginia
- Category
- Health Care
- Subcategory
- Hospitals
- Website
- …
Financial trends
Revenue grew from $2.6M (FY2013) to $3.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.4MNet assets $36.6M
Operating margin
-36.9%
Spent more than it raised in the latest fiscal year.
Total assets
$38.0M
Total liabilities
$1.4M
Net assets
$36.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,800,854▲15.2% | $5,202,830▲15.9% | $36,649,383▲5.5% | $38,019,346▼8.2% | 990 |
| 2023 | $3,298,266▼80.7% | $4,488,094▲1.6% | $34,731,149▼2.8% | $41,405,779▼6.8% | 990 |
| 2022 | $17,095,703▼43.7% | $4,417,979▼73.3% | $35,737,361▼7.6% | $44,423,774▼1.4% | 990 |
| 2021 | $30,371,588▲148% | $16,570,514▲4.4% | $38,668,010▲74.2% | $45,037,769▲10.4% | 990 |
| 2020 | $12,266,092▼14.3% | $15,870,572▲8.6% | $22,197,977▼4.9% | $40,781,777▲2.8% | 990 |
| 2019 | $14,313,231▲4.3% | $14,619,413▼2.5% | $23,333,581▲11.3% | $39,664,616▲7.1% | 990 |
| 2018 | $13,726,087▲2.6% | $15,000,755▲6.1% | $20,967,844▼13.8% | $37,023,579▼9.2% | 990 |
| 2017 | $13,382,400▲11.3% | $14,138,870▲6.5% | $24,322,745▼3.0% | $40,782,028▲7.4% | 990 |
| 2016 | $12,022,353▲5.1% | $13,270,520▼1.2% | $25,079,215▼3.0% | $37,960,384▼1.0% | 990 |
| 2015 | $11,435,414▼2.3% | $13,430,483▲16.9% | $25,864,442▼10.5% | $38,351,068▼8.1% | 990 |
| 2014 | $11,708,810▲353% | $11,487,154▲267% | $28,903,701▲1.5% | $41,721,534▼1.2% | 990 |
| 2013 | $2,583,025 | $3,132,231▲38.6% | $28,485,073▲7.4% | $42,210,101▲3.9% | 990 |
| 2012 | — | $2,260,452▲5.3% | $26,524,769▲7.0% | $40,638,916▼2.6% | 990 |
| 2011 | — | $2,146,586▼3.4% | $24,799,614▼4.2% | $41,720,288▲2.4% | 990 |
| 2010 | — | $2,221,682 | $25,876,946 | $40,732,648 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Richmond Eye & Ear Healthcare Alliance
Frequently asked questions
- Is Richmond Eye & Ear Healthcare Alliance a legitimate nonprofit?
- Yes. Richmond Eye & Ear Healthcare Alliance is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1904435, based in Richmond, Virginia. Donations are tax-deductible.
- What is Richmond Eye & Ear Healthcare Alliance's EIN?
- Richmond Eye & Ear Healthcare Alliance's Employer Identification Number (EIN) is 54-1904435.
- How much revenue does Richmond Eye & Ear Healthcare Alliance report?
- Richmond Eye & Ear Healthcare Alliance reported $3,800,854 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richmond Eye & Ear Healthcare Alliance have?
- CharityIndex grades Richmond Eye & Ear Healthcare Alliance D, based on financial health (reserves and operating margin).
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Data for Richmond Eye & Ear Healthcare Alliance (EIN 54-1904435) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.