Community Vision Inc

Analysis

Community Vision Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Community Vision Inc reported income of $64k and spending of $130k, spending 204% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $48k to $64k (+32%), an average of +7.2% a year. The sharpest change came in the year to September 2022, when income rose by 1002%. Over the whole period it spent 254% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Vision Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 13th percentile within DC. Charities of a similar size with the same main cause include Friends of Warren County Conservation ($64k), Rose Hill Foundation Inc ($64k) and Canton Rotary Charitable Fund Inc ($64k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. At year end it held assets of $767k against liabilities of $1.0m, net assets of -$245k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.