Green Vision Inc

Analysis

Green Vision Inc is a registered charity in United States, based in Randolph, NJ. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Green Vision Inc reported income of $1.6m and spending of $1.1m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.6m (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Green Vision Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Young Womens Christian Association of Pekin ($1.6m), Northern Homes Community Development Corporation ($1.6m) and Its a Sensory World Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $88k (7.9% of expenses). Other salaries and wages came to $337k. At year end it held assets of $5.2m against liabilities of $3.1m, net assets of $2.1m. It reported 11 employees.