Envision Unlimited

Analysis

Envision Unlimited is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Envision Unlimited reported income of $66.0m and spending of $65.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $35.3m to $66.0m (+87%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Envision Unlimited sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Abbott House ($65.8m), Turning Points for Children ($66.0m) and Presbyterian Homes Inc ($65.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $721k (1.1% of expenses). Other salaries and wages came to $38.0m. At year end it held assets of $26.6m against liabilities of $11.5m, net assets of $15.1m. It reported 1,091 employees.