Vision Brooking Foundation

Analysis

Vision Brooking Foundation is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Brooking Foundation reported income of $305k and spending of $102k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $161k to $305k (+89%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 1747%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vision Brooking Foundation 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 62nd percentile, and in the 60th percentile within SD. Charities of a similar size with the same main cause include Lions Foundation of Arizona Inc ($305k), Olympia Rotary Foundation ($305k) and Lifeskills Industries Inc ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $344k against liabilities of $0, net assets of $344k.