College Visions

Analysis

College Visions is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, College Visions reported income of $1.2m and spending of $1.1m, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $744k to $1.2m (+60%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Visions sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within RI. Charities of a similar size with the same main cause include Associated Students University of California Riverside ($1.2m), Innovative Engineering Consortium ($1.2m) and Wisconsin Procurement Institute Education & Training Services Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $114k (11% of expenses). Other salaries and wages came to $495k. At year end it held assets of $1.2m against liabilities of $255k, net assets of $991k. It reported 13 employees.