Vision Faith Ministries Incorporated
Analysis
Vision Faith Ministries Incorporated is a registered charity in United States, based in San Pablo, CA. It received its IRS tax-exemption ruling in May 2013, 13 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, Vision Faith Ministries Incorporated reported income of $78k and spending of $70k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $78k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 84% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Vision Faith Ministries Incorporated sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Wells of Joy Inc ($77k), United Missionary Association S a Inc ($78k) and Redeemers Leadership Institute Inc ($77k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wells of Joy Inc | Battlefield | $77k |
| United Missionary Association S a Inc | Pasadena | $78k |
| Redeemers Leadership Institute Inc | Grand Prairie | $77k |
| Zarate International Outreach Inc | Birmingham | $78k |