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Vermont · Nonprofit

HIMALAYAN CATARACT PROJECT INC

HIMALAYAN CATARACT PROJECT INC (Vermont) receives grants from 187 organizations whose IRS filings report $27,742,093 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($4,046,054). 110 of them have funded it in more than one year.

Revenue FY2025
$40M
Funders on record
187
Grants received
$28M
Net assets
$36M
110/187 repeat funderspeak grant-dependency 47%
01What it does

What Himalayan Cataract Project Inc does

Mission

We enable countries to cure avoidable blindness by developing high quality, cost-effective eye care in underserved areas of the world.

As stated on its FY2025 Form 990.

Programs

  1. India: cure blindness project supports over 5 partners in india with capacity building for allied ophthalmic personnel, support for patient care administering more than 120,000 cataract surgeries and investment in primary eye care to ensure prevention and early intervention of blindness.

    $7,620,333 spentof which $7,453,424 as grants
    23% of program spending
  2. Ethiopia: cure blindness project supports over 28 partners in ethiopia with capacity building for ophthalmologists, residents and allied ophthalmic personnel, support for patient care administering more than 39,0000 cataract surgeries and over 3,100 other eye surgeries, provision of equipment, surgical instruments and consumables to provide patient care and investment in primary eye care to ensure prevention and early intervention of blindness. Additionally, cure blindness project continues to plan for, create, construct, and operationalize a fully independent specialty eye care clinic in ethiopia.

    $6,707,698 spentof which $5,203,388 as grants
    20% of program spending
  3. Ghana: cure blindness project supports over 15 partners in ghana with capacity building for ophthalmologists, residents and allied ophthalmic personnel, support for patient care administering more than 20,000 cataract surgeries and over 1,000 other eye surgeries, provision of equipment, surgical instruments and consumables to provide patient care and investment in primary eye care to ensure prevention and early intervention of blindness. Additionally, cure blindness project continued construction on a specialty eye center in ghana.

    $3,919,690 spentof which $3,375,167 as grants
    12% of program spending
  4. Nepal: cure blindness project supports over 5 partners in nepal with capacity building for ophthalmologists, residents and allied ophthalmic personnel, support for patient care administering more than 42,000 cataract surgeries and over 1,200 other eye surgeries, provision of equipment, surgical instruments, and consumables to provide patient care, and investment in primary eye care to ensure prevention and early intervention of blindness.

    $3,487,049 spentof which $3,343,449 as grants
    11% of program spending
  5. South sudan: cure blindness project supports 4 partners in south sudan with capacity building for ophthalmologists and residents, support for patient care administering more than 7,000 cataract surgeries and over 2,000 other eye surgeries, and provision of equipment, surgical instruments and consumables to provide patient care.

    $508,097 spentof which $500,807 as grants
    2% of program spending
  6. Bhutan: cure blindness supports the ministry of health in bhutan with capacity building for ophthalmologists, residents and allied ophthalmic personnel, support for patient care administering more than 1,200 cataract surgeries and over 200 other eye surgeries, provision of equipment, surgical instruments and consumables to provide patient care and investment in primary eye care to ensure prevention and early intervention of blindness.

    $235,336 spentof which $235,180 as grants
    1% of program spending
  7. Other programs: latin america, other africa, other asia, program services allocation.cure blindness partners in other countries across asia, africa and latin america, with capacity building for ophthalmologists and residents, support for patient care administering more than 76,000 cataract surgeries and the provision of equipment, surgical instruments and consumables to provide patient care.

    $10,662,739 spentof which $6,625,338 as grants
    32% of program spending

The 7 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $33,140,942.

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 ($9.7M) Expenses 100 ($8.2M) Net assets 100 ($11M)2018 Revenue 124 ($12M) Expenses 121 ($10.0M) Net assets 106 ($11M)2019 Revenue 107 ($10M) Expenses 145 ($12M) Net assets 98 ($11M)2020 Revenue 106 ($10M) Expenses 83 ($6.9M) Net assets 132 ($14M)2021 Revenue 131 ($13M) Expenses 106 ($8.7M) Net assets 173 ($19M)2022 Revenue 327 ($32M) Expenses 148 ($12M) Net assets 301 ($32M)2023 Revenue 75 ($7.3M) Expenses 172 ($14M) Net assets 245 ($26M)2024 Revenue 333 ($32M) Expenses 247 ($20M) Net assets 360 ($39M)2025 Revenue 410 ($40M) Expenses 473 ($39M) Net assets 338 ($36M)
'17'18'19'20'21'22'23'24'25
Revenue (410)Expenses (473)Net assets (338)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 2021 to 2022, from $19M to $34M (+76%).

$11M
$12M
$12M
$15M
$19M
$34M
$28M
$41M
$41M
'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: 2017 7% · 2018 6% · 2019 2% · 2020 5% · 2021 3% · 2022 1% · 2023 8% · 2024 0% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

83% of HIMALAYAN CATARACT PROJECT INC’s revenue is contributions — about as donation-reliant as the typical peer (96% for the typical peer).

This organization
Typical peer · 391 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$1.5M
’17
$2.0M
’18
−$1.6M
’19
$3.4M
’20
$4.0M
’21
$19M
’22
−$6.9M
’23
$12M
’24
$746k
’25
3.5
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

Katherine Overbey

Chief executive officer

Board chair

Matthew Oliva Md

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed131416171921222422
Joined·+2+4+5+3+5+5+3+2
No longer listed·12413414
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 47 funders to 76 funders, grant income rose $1.2M → $2.7M.

32 of 187 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HIMALAYAN CATARACT PROJECT INC’s funders (the co-funder graph). Top 30 of 187 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

HIMALAYAN CATARACT PROJECT INC has a broad base — no single funder exceeds 15% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

57% 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 HIMALAYAN CATARACT PROJECT INC.

15%
largest funder
36%
top three
~16
effective funders

Largest funder’s share by year: 2017 40% · 2018 23% · 2019 20% · 2020 19% · 2021 19% · 2022 26% · 2023 14% — 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

41% of HIMALAYAN CATARACT PROJECT INC's funders are still giving 3 years after their first grant; 59% 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

HIMALAYAN CATARACT PROJECT INC draws 100% of its grant income from funders outside Vermont, across 34 states in all.

AK
ME
NH
WA
ID
MT
MN
IL
WI
MI
NY
MA
OR
NV
IN
OH
PA
NJ
CT
CA
UT
CO
NE
MO
VA
MD
DE
AZ
TN
NC
DC
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $13M arriving through sponsors registered in 19 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

HIMALAYAN CATARACT PROJECT INC has grown faster than three-quarters of the 190 international nonprofits its size.

Operating margin2% · above the median
Months of reserve3.5mo · below the median
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 190 international nonprofits $10M–$100M, FY2025

Government funding HIMALAYAN CATARACT PROJECT INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.9M on record.

Federal$2.9M
grants $2.9Mcontracts $0
18
21
23
Top agencies
  • Agency for International Development$2.9M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like HIMALAYAN CATARACT PROJECT INC

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 Vermont

Nationally

05Profile & governance

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

Where the money goes

85% of spending goes to programs.

Program 85%Management 11%Fundraising 3%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

50%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 28 states

NH
MN
IL
WI
MI
NY
MA
OR
PA
NJ
RI
CA
UT
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for HIMALAYAN CATARACT PROJECT INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 HIMALAYAN CATARACT PROJECT INC?
HIMALAYAN CATARACT PROJECT INC (Vermont) receives grants from 187 organizations whose IRS filings report $27,742,093 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($4,046,054). 110 of them have funded it in more than one year.
How many funders does HIMALAYAN CATARACT PROJECT INC have?
IRS filings report 187 organizations giving $27,742,093 in grants to HIMALAYAN CATARACT PROJECT INC, 110 of which have funded it in more than one year.
Who is the largest funder of HIMALAYAN CATARACT PROJECT INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $4,046,054 in grants. The full list of funders is on this page.
How can an organization like HIMALAYAN CATARACT PROJECT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 187 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 22, 2026. What this page cannot tell you · view filing