Greater Vision Community Church

Analysis

Greater Vision Community Church is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Vision Community Church reported income of $1.4m and spending of $1.2m, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.3m to $1.4m (+10%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Greater Vision Community Church sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Rahman Ministries Inc ($1.4m), North American Foundation of Islamic Services ($1.4m) and Point of View Ministries Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $152k (13% of expenses). Other salaries and wages came to $130k. At year end it held assets of $3.4m against liabilities of $2.2m, net assets of $1.2m.