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Pennsylvania · Nonprofit

CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL

CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL (Pennsylvania) receives grants from 39 organizations whose IRS filings report $3,359,712 to it, the largest being WILLS EYE ALUMNI SOCIETY ($600,304). 20 of them have funded it in more than one year.

Revenue FY2025
$48M
Funders on record
39
Grants received
$3.4M
Net assets
$78M
20/39 repeat funderspeak grant-dependency 2%
01What it does

What City of Philadelphia Trustee Administering Wills Eye Hospital does

Mission

Established in 1832 as a gift from james wills, a philadelphia merchant, to the city of philadelphia, wills eye's mission is to provide excellence in ophthalmic care to the community in need. See schedule o.

As stated on its FY2025 Form 990.

Programs

  1. Health care provider: provides health care to individuals on an inpatient and outpatient basis. Physicians of the organization volunteered their time performing eye exams and eye surgeries at no charge. The organization hosted periodic diabetes screening events, community screening and patient educating events, and a give kids sight day where more than a seven hundred screenings were conducted and children received eye glasses at no charge. See schedule o for more information.

    $39,831,731 spent$36,816,681 earned by the program
    74% of program spending
  2. Wills eye provides undergraduate, graduate, and post-graduate medical education to medical students, residents, and fellows, respectively. Educational objectives are to train ophthalmologists, train medical and allied health personnel in ophthalmic medicine to meet current and future health care needs. Wills eye provides streaming educational content at no cost to participants.

    $6,625,661 spent$850,137 earned by the program
    12% of program spending
  3. Research facility: to leverage clinical and technological advances in health delivery systems, data analytics, artificial intelligence, genetics, and precision medicine in ophthalmology. To drive breakthroughs in ophthalmic science and medicine through collaboration and innovation that empower lives by preserving vision through preventing, treating, and curing eye disease.

    $7,161,128 spent$3,288,865 earned by the program
    13% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $53,618,520.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($32M) Expenses 100 ($37M) Net assets 100 ($60M)2018 Revenue 142 ($46M) Expenses 104 ($38M) Net assets 123 ($74M)2019 Revenue 116 ($38M) Expenses 114 ($42M) Net assets 111 ($67M)2020 Revenue 116 ($37M) Expenses 115 ($42M) Net assets 93 ($56M)2021 Revenue 124 ($40M) Expenses 119 ($44M) Net assets 145 ($88M)2022 Revenue 133 ($43M) Expenses 130 ($48M) Net assets 114 ($68M)2023 Revenue 150 ($48M) Expenses 147 ($54M) Net assets 104 ($63M)2024 Revenue 154 ($50M) Expenses 146 ($54M) Net assets 148 ($89M)2025 Revenue 149 ($48M) Expenses 159 ($58M) Net assets 130 ($78M)
'17'18'19'20'21'22'23'24'25
Revenue (149)Expenses (159)Net assets (130)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $140M to $106M (−24%).

$128M
$137M
$134M
$137M
$152M
$125M
$122M
$140M
$106M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 9% · 2021 2% · 2022 0%. Grants only. Government contracts and fees sit inside program revenue.

1% of CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 reported years ran a deficit.

−$4.3M
’17
$7.7M
’18
−$4.3M
’19
−$4.6M
’20
−$3.6M
’21
−$4.6M
’22
−$5.6M
’23
−$4.0M
’24
−$10M
’25
9.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Joseph P Bilson

Chief executive officer /e

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed212423232524242323
Joined·+7+6+0+6+3+2+1+2
No longer listed·47044222
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 12 funders to 13 funders, grant income rose $229k → $241k.

6 of 39 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $574k from one payer (the payer shares this organization's board, largest Wills Eye Foundation Inc). These are real filings, and they are not money CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL raised.

From the IRS filings of CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL’s funders (the co-funder graph). Top 30 of 39 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL has a broad base — no single funder exceeds 18% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

45% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL.

18%
largest funder
47%
top three
~11
effective funders

Largest funder’s share by year: 2017 44% · 2018 33% · 2019 41% · 2020 49% · 2021 33% · 2022 42% · 2023 24% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

35% of CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL's funders are still giving 3 years after their first grant; 51% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL draws 60% of its grant income from funders outside Pennsylvania, across 11 states in all.

NY
MA
PA
NJ
CA
NE
MO
MD
DE
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. $338k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL holds deeper cash reserves than three-quarters of the 2,843 health nonprofits its size.

Operating margin−21% · bottom quartile
Months of reserve9.1mo · top quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Organizations like CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 13 related entities

  • Abbot Inc · exempt
  • Wcss of Cottman-Buxmont Inc · exempt
  • Wills Eye Css Corporation · exempt
  • Wills Eye Foundation · exempt
  • Wills Eye Ophthalmology Clinic Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL?
CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL (Pennsylvania) receives grants from 39 organizations whose IRS filings report $3,359,712 to it, the largest being WILLS EYE ALUMNI SOCIETY ($600,304). 20 of them have funded it in more than one year.
How many funders does CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL have?
IRS filings report 39 organizations giving $3,359,712 in grants to CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL, 20 of which have funded it in more than one year.
Who is the largest funder of CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL?
WILLS EYE ALUMNI SOCIETY is the largest funder on record, with $600,304 in grants. The full list of funders is on this page.
How can an organization like CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds City of Philadelphia Trustee Administering Wills Eye Hospital →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 39 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing