Foundation for Vision Rehabilitation and Employment

Analysis

Foundation for Vision Rehabilitation and Employment is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Foundation for Vision Rehabilitation and Employment reported income of $2.2m and spending of $958k, leaving 57% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $204k to $2.2m (+981%), an average of +121% a year. The sharpest change came in the year to June 2023, when income rose by 455%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Vision Rehabilitation and Employment sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Panhandle State Foundation ($2.2m), Crestone Charter School ($2.2m) and Sherwood Montessori ($2.2m).

At year end it held assets of $6.8m against liabilities of $491k, net assets of $6.3m.