Innercity Visions

Analysis

Innercity Visions is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Innercity Visions reported income of $747k and spending of $766k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $515k to $747k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Innercity Visions sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Save the Child Foundation ($747k), Dealer Forum Resources Inc ($747k) and Independent Journeys Inc ($747k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $293k (38% of expenses). Other salaries and wages came to $127k. At year end it held assets of $104k against liabilities of $4,809, net assets of $99k. It reported 18 employees.