Massachusetts · Nonprofit
NEW ENGLAND EYE INSTITUTE INC
NEW ENGLAND EYE INSTITUTE INC (Massachusetts) receives grants from 2 organizations whose IRS filings report $109,690 to it, the largest being HEALTH RESOURCES IN ACTION INC ($74,690). 0 of them have funded it in more than one year.
- Revenue FY2025
- $8.3M
- Funders on record
- 2
- Grants received
- $110k
- Net assets
- $853k
What New England Eye Institute Inc does
Mission
To improve the visual health of populations through excellence in collaborative and community-oriented patient care, education and research.
As stated on its FY2025 Form 990.
Programs
Owned and operated clinics: new england eye (neei), dba neco center for eye care, is the patient care and teaching affiliate of the new england college of optometry (neco). The commonwealth and roslindale eye centers are owned and operated by neei. A significant portion of the student's early clinical education experiences occur at these locations serving over 15,000 patient visits annually. Services offered include primary eye care, low vision rehabilitation, pediatric eye care, vision therapy, myopia control, contact lenses, and optician services.
$3,565,591 spent$2,101,187 earned by the program53% of program spendingCommunity health centers and external clinics: our doctors and students provide eye care services to approximately 65,000 patient visits annually at 15 massachusetts community health centers and external clinics within a network of neighborhood-based primary care clinics. This model of care exposes our students to a diverse population, and allows them to experience the delivery of health/eye care in a culturally competent and interdisciplinary setting.`
$3,020,237 spent$2,400,220 earned by the program44% of program spendingSchool screenings and outreach services: our schools and outreach programs provide a wide range of services to individuals experiencing homelessness, adults and children with intellectual disabilities, and individuals who are legally blind or visually impaired. Services include vision screenings, comprehensive eye exams, and low vision rehabilitation. Care is provided in partnership with public schools, homeless shelters, local governments, and community based organizations. Neei's schools and outreach programs serve approximately 5,000 patients annually across massachusetts.
$203,816 spent$25,900 earned by the program3% of program spendingNew england eye institute, inc. Provides clinical education services to its affiliate the new england college of optometry. Note that expenses for these services are included in items 4a, 4b, and 4c above.
$0 spent$3,795,230 earned by the program0% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,789,644.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $4.6M to $3.0M (−35%).
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.
Government-grant reliance: 2017 1% · 2021 2% · 2022 2% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.
0% of NEW ENGLAND EYE INSTITUTE INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
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.
Board chair
Richard Heller
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2021 → 2022: the base held at 1 funder, grant income rose $35k → $75k.
From the IRS filings of NEW ENGLAND EYE INSTITUTE INC’s funders (the co-funder graph). 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
NEW ENGLAND EYE INSTITUTE INC leans on a few funders — its largest provides 68% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
68% 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 NEW ENGLAND EYE INSTITUTE INC.
Largest funder’s share by year: 2021 100% · 2022 100% — broadly stable.
“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.
Where its funders are
68% of NEW ENGLAND EYE INSTITUTE INC's grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Against its field
NEW ENGLAND EYE INSTITUTE INC's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025
Government funding NEW ENGLAND EYE INSTITUTE INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.6M on record.
- (RR) BENEFIT PROGRAMS$1.3M
- (HH) CONSULTANT SVCS (TO DEPTS)$166k
- (FF) FACILITY OPERATIONAL EXPENSES$93k
- (MM) PURCHASED CLIENT/PROGRAM SVCS$75k
- (KK) EQUIPMENT PURCHASE$5k
- (JJ) OPERATIONAL SERVICES$2k
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 NEW ENGLAND EYE INSTITUTE 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 Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
61%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- The New England College of Optometry · exempt
Screen this organization
A dated, signed PDF of the compliance screen for NEW ENGLAND EYE INSTITUTE 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.
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 NEW ENGLAND EYE INSTITUTE INC?
- NEW ENGLAND EYE INSTITUTE INC (Massachusetts) receives grants from 2 organizations whose IRS filings report $109,690 to it, the largest being HEALTH RESOURCES IN ACTION INC ($74,690). 0 of them have funded it in more than one year.
- How many funders does NEW ENGLAND EYE INSTITUTE INC have?
- IRS filings report 2 organizations giving $109,690 in grants to NEW ENGLAND EYE INSTITUTE INC.
- Who is the largest funder of NEW ENGLAND EYE INSTITUTE INC?
- HEALTH RESOURCES IN ACTION INC is the largest funder on record, with $74,690 in grants. The full list of funders is on this page.
- How can an organization like NEW ENGLAND EYE INSTITUTE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 New England Eye Institute →
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 2 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