Vision 21 Concepts Inc

Analysis

Vision 21 Concepts Inc is a registered charity in United States, based in Hiram, GA. It received its IRS tax-exemption ruling in February 2006, 20 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 December 2023, Vision 21 Concepts Inc reported income of $242k and spending of $244k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $242k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 214%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vision 21 Concepts Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within GA. Charities of a similar size with the same main cause include Inspiring Service ($242k), CHN Nebraska Foundation ($242k) and Legends Community and Recreation Complex Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 35% of the total. Other salaries and wages came to $31k. At year end it held assets of $520k against liabilities of $1,984, net assets of $518k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.