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City of Philadelphia TTEE Administering Wills Eye Institute

Public charityFed auditsIRS 990990-T FY2023
DBA: % JOSEPH BILSON
Other · PHILADELPHIA, PA · EIN 23-6000204

About

Organization's 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. Wills eye advances this mission through compassionate clinical care for patients, scientific discovery, and educating future leaders of ophthalmology.

In care of Joseph Bilson

Donations are tax-deductible
Category
Other
Employees
231
Volunteers
158

Financial Snapshot

FY ending 2024-06-30
Revenue
$49.6M
Expenses
$53.6M
Assets
$139.6M
Liabilities
$50.6M

Financial history

$54.0M$27.0M$0
161718192021222324
RevenueExpenses
Latest FY2024: $49.6M · Avg: $41.5M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$96K
Grants Given
CITY OF PHILADELPHIA TTEE ADMINISTERING WILLS EYE INSTITUTE
Your actions

Address

840 Walnut ST STE 1520
Philadelphia, PA, 19107-518

Governance

Voting board members13
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %83.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
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