Envision Inc

Analysis

Envision Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Envision Inc reported income of $5.4m and spending of $2.8m, leaving 48% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $5.4m (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 661%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Envision Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KS. Charities of a similar size with the same main cause include The Lighthouse Voc-Ed Center Inc ($5.4m), Charles County Harc Inc ($5.4m) and Shepherds Pantry ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $1.1m (38% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $112.5m against liabilities of $31.9m, net assets of $80.7m. It reported 64 employees.