Vision Ministries Inc

Analysis

Vision Ministries Inc is a registered charity in United States, based in Mars, PA. It received its IRS tax-exemption ruling in January 1990, 36 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, Vision Ministries Inc reported income of $50k and spending of $52k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $74k to $50k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2023, when income rose by 190%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vision Ministries Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within PA. Charities of a similar size with the same main cause include New Life Charitable Foundation Inc ($50k), PTA Oklahoma Congress ($50k) and Brethren Frontier School ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $493k against liabilities of $0, net assets of $493k.