Shared Vision Inc

Analysis

Shared Vision Inc is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Shared Vision Inc reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.4m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shared Vision Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include ALS Northwest ($2.4m), New Life Solutions Inc ($2.4m) and Hope House of Itasca County Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $224k (9.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.8m against liabilities of $1.3m, net assets of $1.5m. It reported 28 employees.