Healthvisions Midwest Inc

Analysis

Healthvisions Midwest Inc is a registered charity in United States, based in Highland, IN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Healthvisions Midwest Inc reported income of $2.7m and spending of $2.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.7m (+40%), an average of +8.9% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Healthvisions Midwest Inc 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 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Arkansas Coalition Against Domestic Violence ($2.7m), YWCA New Hampshire ($2.7m) and Ruth Chapman & Andrew G Cowles Charitable Trust ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $129k (6.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.6m against liabilities of $352k, net assets of $3.2m. It reported 36 employees.