Vision Carthage

Analysis

Vision Carthage is a registered charity in United States, based in Carthage, MO. It received its IRS tax-exemption ruling in February 2016, 10 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 June 2023, Vision Carthage reported income of $290k and spending of $344k, spending 119% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $328k to $290k (-12%), an average of -6.1% a year. 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 Carthage sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Salem Area Community Betterment Association ($289k), Nebraska Grazing Land Coalition ($290k) and Millburn Short Hills Business Organization Inc ($289k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (7.1% of expenses). Other salaries and wages came to $76k. At year end it held assets of $152k against liabilities of $2,350, net assets of $150k. It reported 12 employees.