Recapturing the Vision International Inc

Analysis

Recapturing the Vision International Inc is a registered charity in United States, based in Pinecrest, FL. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2022, Recapturing the Vision International Inc reported income of $3.1m and spending of $3.2m, spending 102% of its income. Across the 2 years on record, from March 2020 to March 2022, income grew from $1.1m to $3.1m (+190%), an average of +190% a year. The sharpest change came in the year to March 2022, when income rose by 190%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Recapturing the Vision International Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Link of Hampton Roads Incorporated ($3.1m), Community Help Center ($3.1m) and Open Hearth Inc ($3.1m).

On its Form 990 for the period ending March 2022, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $1.3m (40% of expenses). At year end it held assets of $793k against liabilities of $169k, net assets of $624k. It reported 24 employees.