Himalayan Cataract Project (HCP) Finances
HCP is committed to maintaining a lean administration and small staff to ensure that the greatest amount of financial assistance possible is directed to HCP’s goal of eliminating blindness. Currently, 92% of expenses are directed to HCP programs.
The majority of facilities that HCP has helped establish are financially self-sustaining through cost-recovery. HCP receives a combination of funding from individuals, private foundations, corporations and the United States Agency for International Development (USAID).
HCP receives donated equipment and consumables from ophthalmic corporations and individual physicians, as well as donated service time from ophthalmologists.
Download HCP's Form 990 for 2008 [PDF, 276 Kb]
Download HCP's 2008 Annual Report [PDF, 1.6 Mb]
Four-Star Rating
For five consecutive years, HCP has been rated “4 stars” by Charity Navigator for its ability to manage and grow its finances. According to Charity Navigator, "Only 5% of the charities we rate have received at least five consecutive 4-star evaluations, indicating that Himalayan Cataract Project consistently executes its mission in a fiscally responsible way, and outperforms most other charities in America.
This 'exceptional' designation from Charity Navigator differentiates Himalayan Cataract Project from its peers and demonstrates to the public it is worthy of their trust."
