Vision Communications Inc

Analysis

Vision Communications Inc is a registered charity in United States, based in Pearisburg, VA. It received its IRS tax-exemption ruling in February 1990, 36 years ago. 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, Vision Communications Inc reported income of $1.1m and spending of $676k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $1.1m (+323%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 1155%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vision Communications Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Oklahoma Saved by Grace Outreach Ministries Inc ($1.1m), Lutheran Diaconal Association Inc ($1.1m) and Robert L Kyle Semi Independent Living Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 1.9% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.