Brooksville Vision Foundation Inc

Analysis

Brooksville Vision Foundation Inc is a registered charity in United States, based in Brooksville, FL. It received its IRS tax-exemption ruling in September 2011, 15 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 2021, Brooksville Vision Foundation Inc reported income of $184k and spending of $199k, spending 108% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $156k to $184k (+18%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Brooksville Vision Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Broad Ripple Village Association Inc ($184k), Community Farm ($184k) and Community Loan Center of Greater Houston ($184k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 65% and program service revenue 32% of the total. Other salaries and wages came to $69k. At year end it held assets of $51k against liabilities of $18k, net assets of $33k. It reported 2 employees.