Medical Research (H410) IRS Verified DX Registered 990 on File

FOUNDATION FIGHTING BLINDNESS INC

EIN: 23-7135845 · COLUMBIA, MD 21045-4714 · United States · FY 2025 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 80/100

Reliability (20%) 76/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

The urgent mission of the Foundation Fighting Blindness is to drive the research that will provide preventions, treatments and cures for people affected by retinitis pigmentosa, age-related macular degeneration, Usher syndrome and the entire spectrum of retinal degenerative diseases. The Foundation is a beacon for those affected by these blinding diseases. Join the fight and help us accelerate our mission.

Financial Overview — FY 2025

$36.6M

Total Revenue

$49.5M

Total Expenses

$83.9M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 75.4%

Fundraising Efficiency 1489.8%

Operating Reserve 20.32x

Liability-to-Asset 24.4%

Revenue Diversification 84.8%

Executive Compensation $2.4M

Compared with Peers

FY 2025

Compared with 46 similar organizations (United States, Medical Research, $10M–$100M in expenses), FY 2025.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	75.4%	81.5%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	6.4%	11.8%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	18.2%	0.2%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	1489.8%	1489.8%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	20.3 mo	18.6 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	24.4%	22.3%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	84.8%	84.5%	P10P90	Below median
Revenue growth Year over year revenue growth	2.6%	7.3%	P10P90
Expense growth Year over year expense growth	2.7%	5.4%	P10P90
Surplus margin Surplus as a share of revenue	-35.3%	2.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$36.6M	$49.5M	$83.9M	75.4%	96
2024	$35.7M	$48.2M	$92.6M	77.6%	78
2023	$30.4M	$51.3M	$100.2M	80.7%	67
2022	$42.9M	$49.2M	N/A	—	68
2021	$29.8M	$40.7M	N/A	—	67

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Organization Details

EIN: 23-7135845
State: MD
City: COLUMBIA
ZIP: 21045-4714
Classification: H410
Category: Medical Research
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1971
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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