Vision Educational Center

Analysis

Vision Educational Center is a registered charity in United States, based in Dillon, SC. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Vision Educational Center reported income of $75k and spending of $71k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $303k to $75k (-75%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vision Educational Center sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within SC. Charities of a similar size with the same main cause include Matthew 25 40 ($75k), Women United ($75k) and Friends of the Senior Center Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.