Vision Y Compromiso

Analysis

Vision Y Compromiso is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2003, 23 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 2023, Vision Y Compromiso reported income of $18.7m and spending of $11.2m, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $18.7m (+719%), an average of +69% a year. The sharpest change came in the year to June 2021, when income rose by 138%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vision Y Compromiso sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include University of the People ($18.7m), International March of the Living Inc ($18.7m) and New Mexico Educational Assistance Foundation ($18.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $167k (1.5% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $16.8m against liabilities of $5.0m, net assets of $11.8m. It reported 264 employees.