Vision for Equality Inc

Analysis

Vision for Equality Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover mental health and crisis intervention, 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 for Equality Inc reported income of $3.7m and spending of $3.0m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.7m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vision for Equality Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Gateways Industries Inc ($3.7m), Kleb Inc ($3.7m) and Assoc for the Accreditation of Human Research Protection Programs ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $253k (8.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.1m against liabilities of $911k, net assets of $1.2m. It reported 60 employees.