Visiongift

Analysis

Visiongift is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Visiongift reported income of $14.4m and spending of $15.8m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.2m to $14.4m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Visiongift sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include Mental Health Association in Indiana Inc ($14.4m), Janian Medical Care PC ($14.4m) and Eastcastle Place Inc ($14.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $239k (1.5% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $13.1m against liabilities of $2.6m, net assets of $10.5m. It reported 109 employees.