Visions America

Analysis

Visions America is a registered charity in United States, based in Cambridge, MD. It received its IRS tax-exemption ruling in November 2003, 23 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 2023, Visions America reported income of $259k and spending of $230k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $412k to $259k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Visions America sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Friends of Freedom Park ($259k), Greater Duval Neighborhood Association Corp ($259k) and Valley Womens Club Association of San Lorenzo Valley Incorporated ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $60k (26% of expenses). At year end it held assets of $119k against liabilities of $244k, net assets of -$125k.