New Vision Inc

Analysis

New Vision Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, New Vision Inc reported income of $527k and spending of $431k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $527k (-81%), an average of -34% a year. The sharpest change came in the year to June 2020, when income dropped by 66%. Over the whole period it spent 92% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, New Vision Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Homes of Promise Limited ($527k), Sosa - Safe From Online Sex Abuse Inc ($527k) and Get Free Movement Fund Inc ($526k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 53% of the total. Compensation of current officers, directors and key employees was $97k (22% of expenses). Other salaries and wages came to $160k. At year end it held assets of $57k against liabilities of $391k, net assets of -$334k.