Visionfund International
Analysis
Visionfund International is a registered charity in United States, based in Monrovia, CA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Visionfund International reported income of $34.7m and spending of $25.8m, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $33.8m to $34.7m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to September 2023, when income rose by 61%. Over the whole period it spent 80% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Visionfund International sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include United Way of Greater Rochester and the Finger Lakes Inc ($34.6m), Baltimore Community Foundation Inc ($35.0m) and America Gives Inc ($34.3m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $722k (2.8% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $215.0m against liabilities of $65.9m, net assets of $149.0m.
Income and spending
Where the income comes from
- Contributions & grants 52%
- Program services 10%
- Other 38%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United Way of Greater Rochester and the Finger Lakes Inc | Rochester | $34.6m |
| Baltimore Community Foundation Inc | Baltimore | $35.0m |
| America Gives Inc | New York | $34.3m |
| Associated Jewish Charities of Baltimore | Baltimore | $35.3m |