Visionserve Alliance Inc

Analysis

Visionserve Alliance Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Visionserve Alliance Inc reported income of $1.0m and spending of $979k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $487k to $1.0m (+110%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Visionserve Alliance Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Agape Child Care Center ($1.0m), American Indian Community House Inc ($1.0m) and Covenant Care Services Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $174k (18% of expenses). Other salaries and wages came to $140k. At year end it held assets of $759k against liabilities of $301k, net assets of $458k. It reported 3 employees.