One Vision

Analysis

One Vision is a registered charity in United States, based in Clear Lake, IA. It received its IRS tax-exemption ruling in September 1993, 33 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, One Vision reported income of $26.1m and spending of $25.8m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $24.7m to $26.1m (+5.6%), an average of +1.4% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, One Vision sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include Maryland Masonic Homes Ltd ($26.1m), Connecticut Foundation Solutions Indemnity Company Inc ($26.1m) and Caritas Corporation ($26.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.6% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $545k (2.1% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $36.4m against liabilities of $24.6m, net assets of $11.8m. It reported 487 employees.