Chosen Vision
Analysis
Chosen Vision is a registered charity in United States, based in Grand Ledge, MI. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Chosen Vision reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 84% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Chosen Vision sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include North Carolina Foundation for Christian Ministries ($1.6m), Royal Divinity Industries Inc ($1.6m) and Activation Church Inc ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 29% of the total. Other salaries and wages came to $943k. At year end it held assets of $3.9m against liabilities of $74k, net assets of $3.9m. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 59%
- Program services 29%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Carolina Foundation for Christian Ministries | Mount Olive | $1.6m |
| Royal Divinity Industries Inc | Birmingham | $1.6m |
| Activation Church Inc | Braintree | $1.6m |
| His Way at Work | Spartanburg | $1.6m |