New Vision Community Development

Analysis

New Vision Community Development is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, New Vision Community Development reported income of $857k and spending of $860k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $715k to $857k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, New Vision Community Development sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Community Properties Impact Corporation ($856k), Casa Esperanza Transitional Home for Women ($857k) and Habitat for Humanity International Inc ($856k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Other salaries and wages came to $102k. At year end it held assets of $3.7m against liabilities of $4.7m, net assets of -$1.0m. It reported 2 employees.