Pro-Vision Inc

Analysis

Pro-Vision Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 1991, 35 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, Pro-Vision Inc reported income of $2.2m and spending of $2.7m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.6m to $2.2m (-66%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 81%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pro-Vision Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Ted Shuttlesworth Evangelistic Association ($2.2m), Mission Haiti ($2.2m) and Islamic Center of Irvine Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $589k (22% of expenses). Other salaries and wages came to $254k. At year end it held assets of $20.4m against liabilities of $8.8m, net assets of $11.5m. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.