Sharing the Vision Inc

Analysis

Sharing the Vision Inc is a registered charity in United States, based in Lakewood RCH, FL. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sharing the Vision Inc reported income of $216k and spending of $158k, leaving 27% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $99k to $216k (+117%), an average of +117% a year. The sharpest change came in the year to June 2023, when income rose by 117%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sharing the Vision Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Media Cares Foundation Inc ($216k), Hats and Mittens Association ($216k) and Foundation X ($216k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $32k. At year end it held assets of $64k against liabilities of $19k, net assets of $45k. It reported 1 employees.