Limitless Vistas Inc

Analysis

Limitless Vistas Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Limitless Vistas Inc reported income of $320k and spending of $314k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $735k to $320k (-56%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 39%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Limitless Vistas Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within LA. Charities of a similar size with the same main cause include Mercy Preparatory Academy ($320k), Delaware County By5-Early Childhood Education Initiative Inc ($320k) and Louisiana State University at Alexandria Foundation ($320k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). Other salaries and wages came to $96k. At year end it held assets of $33k against liabilities of $0, net assets of $33k. It reported 17 employees.