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Pennsylvania · Nonprofit

WILLS EYE ALUMNI SOCIETY

WILLS EYE ALUMNI SOCIETY (Pennsylvania) receives grants from 1 organization whose IRS filings report $250 to it, the largest being BRAVERMAN FAMILY CHARITABLE FOUNDATION ($250). 1 of them have funded it in more than one year.

Revenue FY2024
$952k
Funders on record
1
Grants received
$250
Net assets
$8.2M
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Wills Eye Alumni Society does

Mission

To promote & advance the science & art of ophthalmology, enhance & support the education & training of residents & fellows of ophthalmology at the Wills Eye Institute, encourage & support research in ophthalmology, promote the continued existence of Wills Eye Hospital & to sponsor an annual conference pertaining to ophthalmology.

As stated on its FY2024 Form 990.

Programs

  1. Annual Conference featuring scientific papers, symposia, workshops, and AAO Reception.

    $268,308 spent$293,687 earned by the program
    57% of program spending

  2. Textbooks, equipment, and expense reimbursement grants for resident doctors in training.

    $65,563 spentof which $65,563 as grants
    14% of program spending

  3. Annual Dinner/Dance held during the Annual Conference for alumni and current residents.

    $47,753 spent$19,406 earned by the program
    10% of program spending

  4. Grant to Wills Eye Hospital through the Wills Eye Foundation in support of a Glaucoma Social Worker Support Position

    $45,095 spentof which $45,095 as grants
    10% of program spending

  5. Resident education by visiting professors providing training sessions that perpetuate the high quality of the Wills Eye Hospital residency program.

    $36,579 spent
    8% of program spending

  6. Donations in support of Wills Eye Hospital sponsoring the Resident Wellness Fund

    $6,250 spentof which $6,250 as grants
    1% of program spending

The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $469,548.

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 ($1.5M) Expenses 100 ($705k) Net assets 100 ($6.4M)2018 Revenue 36 ($548k) Expenses 119 ($842k) Net assets 87 ($5.6M)2019 Revenue 35 ($536k) Expenses 88 ($622k) Net assets 101 ($6.4M)2020 Revenue 31 ($473k) Expenses 65 ($458k) Net assets 113 ($7.2M)2021 Revenue 37 ($561k) Expenses 69 ($483k) Net assets 121 ($7.7M)2022 Revenue 30 ($460k) Expenses 68 ($480k) Net assets 98 ($6.3M)2023 Revenue 62 ($941k) Expenses 103 ($727k) Net assets 114 ($7.3M)2024 Revenue 63 ($952k) Expenses 79 ($556k) Net assets 129 ($8.2M)
'17'18'19'20'21'22'23'24
Revenue (63)Expenses (79)Net assets (129)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 $7.7M to $6.3M (−19%).

$6.4M
$5.6M
$6.4M
$7.2M
$7.7M
$6.3M
$7.3M
$8.2M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

37% of WILLS EYE ALUMNI SOCIETY’s revenue is contributions — about as donation-reliant as the typical peer (82% for the typical peer).

This organization
Typical peer · 14,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$808k
’17
−$294k
’18
−$86k
’19
$15k
’20
$77k
’21
−$20k
’22
$214k
’23
$396k
’24
4.5
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.

Board chair

Christine Chung MD

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2120212222181816
Joined·+0+1+1+0+1+0+0
No longer listed·1000502
03Who funds it

Who funds it, year by year

2017 → 2018: the base held at 1 funder, grant income held at $125.

Funder
'17
'18
total
funders
1
1

From the IRS filings of WILLS EYE ALUMNI SOCIETY’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.

Where its funders are

WILLS EYE ALUMNI SOCIETY draws 100% of its grant income from funders outside Pennsylvania, across 1 state in all.

TX

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

’17
’18
Pennsylvania out of state home

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.

04Its place in the field

Against its field

WILLS EYE ALUMNI SOCIETY runs a healthier operating margin than three-quarters of the 13,754 health nonprofits its size.

Operating margin42% · top quartile
Months of reserve4.5mo · below the median
Revenue growth (annualized)−6% · bottom quartile

this organization peer median middle 50% of peers· 13,754 health nonprofits $100k–$1M, FY2024

Organizations like WILLS EYE ALUMNI SOCIETY

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

City of Philadelphia Trustee Administering Wills Eye Hospital76%Pennsylvania Academy of Ophthalmology74%Wills Eye Foundation Inc73%Philadelphia County Medical Society73%Spectroscopy Society of Pittsburgh73%Wills Eye Ophthalmology Clinic Inc73%International Society for Anthrozoology72%Pennsylvania Orthopaedic Society72%

Nationally

Retina Society Inc83%American Ophthalmological Society79%New England Ophthalmological Society Inc78%Women in Ophthalmology Inc78%Washington Academy Eye Physicians and Surgeons77%New Jersey Society of Optometric Physicians77%The Association for Research in Vision and Ophthalmology77%American Society of Ophthalmic Plastic and Reconstructive Surgery Inc77%
05Profile & governance

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

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

PA

Part of a family of 2 related entities

  • City of Phila TR Wills Eye · exempt
  • Wills Eye Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for WILLS EYE ALUMNI SOCIETY: 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 WILLS EYE ALUMNI SOCIETY?
WILLS EYE ALUMNI SOCIETY (Pennsylvania) receives grants from 1 organization whose IRS filings report $250 to it, the largest being BRAVERMAN FAMILY CHARITABLE FOUNDATION ($250). 1 of them have funded it in more than one year.
How many funders does WILLS EYE ALUMNI SOCIETY have?
IRS filings report 1 organization giving $250 in grants to WILLS EYE ALUMNI SOCIETY, 1 of which have funded it in more than one year.
Who is the largest funder of WILLS EYE ALUMNI SOCIETY?
BRAVERMAN FAMILY CHARITABLE FOUNDATION is the largest funder on record, with $250 in grants. The full list of funders is on this page.
How can an organization like WILLS EYE ALUMNI SOCIETY 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 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