Lasting Impressions Visions Inc

Analysis

Lasting Impressions Visions Inc is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lasting Impressions Visions Inc reported income of $2.6m and spending of $2.0m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.6m (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lasting Impressions Visions Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include A New Leaf Inc ($2.6m), Safe Harbor ($2.6m) and San Diego Falun Dafa Association ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 76% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $3.1m against liabilities of $20k, net assets of $3.0m. It reported 58 employees.