Vons Vision Inc

Analysis

Vons Vision Inc is a registered charity in United States, based in Florence, KY. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vons Vision Inc reported income of $2.1m and spending of $1.4m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.1m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vons Vision Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Metrocenter Teachers Apartments Inc ($2.1m), Thrive Youth Center Inc ($2.1m) and Bridge-The-Gap Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $3.3m against liabilities of $25k, net assets of $3.3m.