Caribbean Vision Ministries Inc

Analysis

Caribbean Vision Ministries Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Caribbean Vision Ministries Inc reported income of $83k and spending of $77k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $199k to $83k (-58%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Caribbean Vision Ministries Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Mission Ready Inc ($83k), Tell My People Inc ($83k) and This Day Ministries ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.