Vision Charitable Trust

Analysis

Vision Charitable Trust is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Vision Charitable Trust reported income of $4.7m and spending of $4.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.7m (+85%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 374%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vision Charitable Trust sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include FSC I&p ($4.6m), Driscoll Childrens Hospital Development Foundation Inc ($4.7m) and Community Foundation for Western Iowa ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $411k (8.6% of expenses). Other salaries and wages came to $710k. It paid $179k in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $209k, net assets of $1.3m. It reported 16 employees.