CMB Visions Unlimited Inc

Analysis

CMB Visions Unlimited Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in May 2003, 23 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 December 2023, CMB Visions Unlimited Inc reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $868k to $1.4m (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CMB Visions Unlimited 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 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Jodie Partridge Center ($1.4m), Wallingford Committee on Aging Inc ($1.4m) and Worldwide Veterans and Family Services Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $511k. At year end it held assets of $556k against liabilities of $518k, net assets of $38k. It reported 15 employees.