Finisterre Vision

Analysis

Finisterre Vision is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in March 2011, 15 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, Finisterre Vision reported income of $730k and spending of $906k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $633k to $730k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Finisterre Vision sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Montana State University Innovation Campus ($730k), Christian Educational Ministries ($731k) and USA Care Ministries International ($730k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $214k (24% of expenses). Other salaries and wages came to $290k. At year end it held assets of $422k against liabilities of $5,992, net assets of $416k. It reported 8 employees.