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Visionlink

RegisteredEIN 23-1370508Philadelphia, PAPoverty relief
Income$2.8m2023-06
Spending$2.4msame year
Spent / received92%5-year average
Size in its cause86th pctPoverty relief
Exempt since1947Publicly supported organisat
Employees20latest return

Analysis

Visionlink is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1947, 79 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Visionlink reported income of $2.8m and spending of $2.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $2.8m (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Visionlink sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Family Service of Roanoke Valley ($2.8m), Filipino Advocates for Justice ($2.8m) and Domestic Violence Center of Chester County ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $112k (4.7% of expenses). Other salaries and wages came to $994k. At year end it held assets of $2.1m against liabilities of $306k, net assets of $1.8m. It reported 20 employees.

Income and spending

$0$1.1m$2.2m$3.2m$4.3m2019 Income: $3,506,3652019 Spending: $3,321,42620192020 Income: $2,772,4812020 Spending: $3,259,87220202021 Income: $4,310,9102021 Spending: $3,035,26020212022 Income: $2,300,6602022 Spending: $2,302,89320222023 Income: $2,752,3082023 Spending: $2,394,4422023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 4.4%

Similar-sized charities, same cause

CharityLocationIncome
Family Service of Roanoke ValleyRoanoke$2.8m
Filipino Advocates for JusticeOakland$2.8m
Domestic Violence Center of Chester CountyWest Chester$2.8m
Farmers Market FundPortland$2.8m