Visionlink
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
Where the income comes from
- Contributions & grants 96%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Family Service of Roanoke Valley | Roanoke | $2.8m |
| Filipino Advocates for Justice | Oakland | $2.8m |
| Domestic Violence Center of Chester County | West Chester | $2.8m |
| Farmers Market Fund | Portland | $2.8m |