Visionsynergy

Analysis

Visionsynergy is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Visionsynergy reported income of $1.9m and spending of $1.6m, spending 83% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $1.6m to $1.9m (+21%), an average of +4.8% a year. The sharpest change came in the year to September 2023, when income rose by 116%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Visionsynergy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Transafrican Development Inc ($1.9m), American Council on Germany Inc ($1.9m) and Yazda ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $299k (19% of expenses). Other salaries and wages came to $461k. At year end it held assets of $750k against liabilities of $74k, net assets of $677k. It reported 12 employees.