Envision Foundation Inc

Analysis

Envision Foundation Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Envision Foundation Inc reported income of $2.0m and spending of $1.1m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $2.0m (-41%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 46%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Envision Foundation Inc 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 86th percentile, and in the 86th percentile within KS. Charities of a similar size with the same main cause include Lifetown Inc ($2.0m), Pathways to Prosperity Inc ($2.0m) and Mercy House Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 2.8% of the total. Other salaries and wages came to $229k. It paid $51k in professional fundraising fees. At year end it held assets of $5.8m against liabilities of $154k, net assets of $5.6m. It reported 36 employees.