Envision Xpress Inc

Analysis

Envision Xpress Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Envision Xpress Inc reported income of $14.1m and spending of $12.7m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.2m to $14.1m (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Envision Xpress Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within KS. Charities of a similar size with the same main cause include New Millennium Academy ($14.1m), Monte Vista Christian School Inc ($14.1m) and New Jersey Institute of Technology Foundation ($14.1m).

Compensation of current officers, directors and key employees was $397k (3.1% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $22.4m against liabilities of $6.7m, net assets of $15.7m. It reported 89 employees.