Visions House

Analysis

Visions House is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 House reported income of $61k and spending of $53k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $61k (+9.0%), an average of +9.0% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Visions House sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Odd Fellows Holding Company Inc ($61k), Transgender Assistance Program of Virginia ($61k) and Grey Eagle Housing Association ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.