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Vision Africa Ministries Inc

RegisteredEIN 75-2819939Dallas, TXReligion
Income$580k2023-12
Spending$903ksame year
Spent / received99%5-year average
Size in its cause85th pctReligion
Exempt since2000Publicly supported organisat
Employees5latest return

Analysis

Vision Africa Ministries Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Vision Africa Ministries Inc reported income of $580k and spending of $903k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $528k to $580k (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vision Africa Ministries Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Association of Institutions of Jewish Studies ($580k), United Leuva of Houston Corporation ($580k) and Pursuit 53 ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $158k (18% of expenses). Other salaries and wages came to $19k. At year end it held assets of $376k against liabilities of $5,747, net assets of $371k. It reported 5 employees.

Income and spending

$0$339k$678k$1.0m$1.4m2019 Income: $527,6932019 Spending: $603,18920192020 Income: $457,4232020 Spending: $435,59020202021 Income: $630,9792021 Spending: $455,71320212022 Income: $1,355,6512022 Spending: $1,124,76120222023 Income: $579,8052023 Spending: $903,3612023
IncomeSpending

Where the income comes from

  • Contributions & grants 76%
  • Other 24%

Similar-sized charities, same cause

CharityLocationIncome
Association of Institutions of Jewish StudiesLakewood$580k
United Leuva of Houston CorporationHouston$580k
Pursuit 53Houston$580k
Twin PinesStroudsburg$580k