Operation Eyesight Universal

Suite 205, 609 - 14th Street NW
Calgary, AB T2N 2A1
President & CEO: Kashinath Bhoosnurmath
Board Chair: Dan Parlow

Charitable Reg. #:11906 8955 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 4/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

A-

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

High

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

31%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 31 cents are available for programs.



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OVERVIEW

About Operation Eyesight Universal:

Operation Eyesight Universal is a 4-star charity that is financially transparent. It has an above-average results reporting grade of A- and overhead spending of 69% which is outside of Ci’s reasonable range.

Founded in 1963, Operation Eyesight Universal (OEU) is a development organization that works to prevent blindness and restore sight. Operation Eyesight wants to eliminate avoidable blindness globally. It currently works in Liberia, Ghana, Zambia, Kenya, Ethiopia, India, Nepal, Bangladesh, Sri Lanka, Malawi, Zambia, and plans to expand to Zimbabwe, Tanzania, Myanmar, and Bhutan. The charity reports that 1.1 billion people live with vision loss globally, that 90% of vision loss occurs in middle and low-income countries, and that 90% of all vision loss is avoidable. In F2023, Operation Eyesight spent $4.3m on its five charitable programs: Community Eye Health, Integrated Eye Health, Hospital Strengthening, Disease Control, and Advocacy and Research.

A Charity Intelligence 2023 Top Impact Charity

Hospital Strengthening: OEU invests in hospital equipment and infrastructure, provides training for healthcare professionals, and establishes vision centres for communities. The vision centres provide eye exams and eyeglasses and refer patients to the base hospital for surgery or other treatment. In F2023, Operation Eyesight established or upgraded 22 new vision centres, primary eye clinics, or hospitals. OEU also preformed 232,767 eye surgeries and trained 718 healthcare staff in primary eye care.

Disease Control: Operation Eyesight Universal addresses major causes of avoidable vision loss: cataract, diabetic retinopathy, glaucoma, uncorrected refractive error, and other conditions. The charity also focuses on sanitation and clean water, poverty, and public education. In F2023, OEU drilled or rehabilitated 25 water boreholes and trained 20 area pump winders to maintain and repair boreholes.

Community/Integrated Eye Health: OEU trains local community health workers who conduct door-to-door eye health screenings, refer patients to a vision centre, and provide health education. OEU works to strengthen areas of overlap between eye care and health care and address the root causes of avoidable vision loss. In F2023, Operation Eyesight distributed 275,800 pairs of prescription eyeglasses and trained 253 community health workers in primary eye care. The charity also screened 2,453,654 people for eye conditions through hospitals and vision centres and screened 240,571 students through school eye health programs.

Advocacy and Research: In F2023, Operation Eyesight Universal reached 726,960 people though public awareness programs.

 

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Results and Impact

In F2023, Operation Eyesight Universal declared 86 villages as avoidable blindness-free. Additionally, in Zambia, OEU trained 20 teachers from 15 schools about primary eye care. As a result, more than 3,500 students were screened for eye health issues, and 269 students received a free pair of eyeglasses.

While Ci highlights these key outputs, they may not be a complete representation of Operation Eyesight Universal’s results and impact.

Charity Intelligence has rated Operation Eyesight as High impact based on demonstrated impact per dollar. 

 

Impact Rating: High

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Finances

Operation Eyesight Universal had Canadian donations of $3.8m and international donations of $1.2m in F2023.

Administrative costs are 22% of revenues (less investment income) and fundraising costs are 47% of donations. This results in total overhead spending of 69%, which is outside of Ci’s reasonable range for overhead spending. 

Operation Eyesight Universal has $5.3m in reserve funds. These reserve funds are the charity’s cash and investments. The charity has 1 year and 3 months of annual program costs covered by its current reserves.

This charity report is an update that has been sent to Operation Eyesight Universal for review. Changes and edits may be forthcoming.

Updated on July 15, 2024, by Lily Ferguson.

Financial Review


Financial Ratios

Fiscal year ending December
202320222021
Administrative costs as % of revenues 22.5%6.6%6.7%
Fundraising costs as % of donations 46.9%29.9%21.7%
Total overhead spending 69.4%36.4%28.3%
Program cost coverage (%) 124.7%147.8%188.5%

Summary Financial Statements

All figures in $000s
202320222021
Donations 3,7824,8604,583
International donations 1,2121,972528
Government funding 0149236
Investment income 33915051
Total revenues 5,3337,1325,397
Program costs - International 4,2184,9493,696
Administrative costs 1,126458356
Fundraising costs 1,7741,452992
Total spending 7,1176,8605,044
Cash flow from operations (1,784)272354
Capital spending 55613
Funding reserves 5,2607,3136,968

Note: Ci reported international donations from the charity’s T3010 filings with the CRA, and removed the amounts from Canadian donations. Ci included advances on program costs in expenses to report on a cash basis, affecting total expenses by $154k in F2023, $171k in F2022, and ($36k) in F2021. Ci removed amortization from program, administrative, and fundraising costs on a pro-rata basis.   

Salary Information

Full-time staff: 60

Avg. compensation: $53,275

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
0
$120k - $160k
3
$80k - $120k
6
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2023

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Comments & Contact

Comments added by the Charity:

Comments received from Operation Eyesight on a previous report:

We appreciate that evaluating a charity’s benefit to society and worthiness of philanthropic support can be a challenging task for donors.

Looking at overhead costs briefly is not truly a fulsome way to evaluate a charity. We encourage current and potential donors to understand that providing sight-saving care across eight countries (and counting) is a complex mission that requires infrastructure, oversight, evaluation, administration – and experienced, qualified staff.

Additional considerations include the fact that some portion of the administrative costs borne by charities relate to requirements under the Income Tax Act. In addition, there is vast variation among types of charities in Canada (large, small, urban, rural, etc.) with some working locally, others nationally and some, like Operation Eyesight, internationally. These are just a few of the many factors that affect overhead.

Financial control, transparency, and accountability and stakeholder communications cost money. Regular program evaluation and modification are essential in the pursuit of excellence in eye health care.

Charity Contact

Website: www.operationeyesight.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 403-283-6323

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Charitable Registration Number: 80340 7956 RR0001