Visual Resources Association

Analysis

Visual Resources Association is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Visual Resources Association reported income of $102k and spending of $109k, spending 106% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $67k to $102k (+54%), an average of +54% a year. The sharpest change came in the year to June 2024, when income rose by 54%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Visual Resources Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Friends for Injured Workers ($102k), Lakeland Kiwanis Charitable Foundation Inc ($103k) and Bob Rewards Club ($102k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 52% of the total. At year end it held assets of $454k against liabilities of $0, net assets of $454k.