Vision Urbana Inc

Analysis

Vision Urbana Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Vision Urbana Inc reported income of $3.4m and spending of $3.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $576k to $3.4m (+492%), an average of +56% a year. The sharpest change came in the year to June 2021, when income rose by 277%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vision Urbana Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Region VI Workforce Investment Board Inc ($3.4m), El Centro Hispano Inc ($3.4m) and Mt Carmel Veterans Service Center ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $393k. At year end it held assets of $969k against liabilities of $363k, net assets of $606k. It reported 10 employees.