Visionaries Incorporated

Analysis

Visionaries Incorporated is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 1974, 52 years ago. 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 December 2023, Visionaries Incorporated reported income of $333k and spending of $307k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $266k to $333k (+25%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visionaries Incorporated sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include Borrego Springs Youth & Senior Center Inc ($333k), Abrahams Blessings International- Waweza Movement Inc ($333k) and Folsom Band Boosters ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (19% of expenses). At year end it held assets of $357k against liabilities of $301k, net assets of $56k. It reported 1 employees.