Vision-Aid Incorporated

Analysis

Vision-Aid Incorporated is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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-Aid Incorporated reported income of $937k and spending of $473k, leaving 50% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $294k to $937k (+219%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 92%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vision-Aid Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Miami-Dade Area Health Education Center Program Inc ($937k), Plunum Health ($937k) and Trezevant Manor Foundation ($936k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.2m against liabilities of $642, net assets of $1.2m.