Clearer Vision

Analysis

Clearer Vision is a registered charity in United States, based in Canton, MI. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Clearer Vision reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $724k to $1.4m (+97%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Clearer Vision sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Braveheart Properties of Brevard ($1.4m), Lutheran Home Foundation Inc ($1.4m) and A C T Affordable Housing Inc ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $920k. At year end it held assets of $35k against liabilities of $0, net assets of $35k. It reported 24 employees.