Overview

Sign up for

Est.

1955

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Illinois College of Optometry, with EIN 36-2310478, is dedicated to advancing undergraduate and graduate education in optometry, with a mission to develop highly qualified clinical optometrists through excellence in optometric education. Operating with a budget of $36.1 million and generating total revenue of $37.1 million in the 2024 filing year, the organization benefits from diverse funding sources, with no single funder providing 50% or more of its revenue. More information can be found on their website at www.ico.edu.

Mission Statement

The mission of the Illinois College of Optometry is to develop highly qualified clinical optometrists through excellence in optometric education.
Revenues
$37.1M
Expenses
$38.5M
Net Income:
-$1.4M
Assets
$99.1M
Liabilities
$29.2M
Net Assets:
+$69.9M
Operating Budget
$36.1M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
10
Median grant size
$14.3K
Largest grant received
$125K
M
Mark Colip OD
Board Member
T
Tracy Matchinski OD FAAO
Board Member
O
Osvaldo Lopez MD
Board Member

Frequently Asked Questions

What is Illinois College of Optometry’s budget?
In 2024, Illinois College of Optometry reported an annual operating budget of around $36.1 million. More detailed financial information is available to registered users.
What causes does Illinois College of Optometry support?
Illinois College of Optometry supports work in Undergraduate education and Graduate and professional education.
Where does Illinois College of Optometry operate?
Illinois College of Optometry is headquartered in Chicago, IL.
Who funded Illinois College of Optometry recently?
In 2025, Illinois College of Optometry received grants from CRIBB FBO CHARITY, CHILDREN'S CARE FOUNDATION, and LLOYD A FRY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Illinois College of Optometry received in 2024?
The largest grant to Illinois College of Optometry in 2024 exceeds $125 thousand.
What is Illinois College of Optometry’s reliance on government grants?
Illinois College of Optometry relied on government grants for less than 5% of their total revenue in 2024.