Synchrony of Visalia Inc

Analysis

Synchrony of Visalia Inc is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Synchrony of Visalia Inc reported income of $587k and spending of $550k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $728k to $587k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Synchrony of Visalia Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Dorn Research Institute ($587k), Hatzoloh Ems of New Square Inc ($587k) and Voices of September 11 Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $300k. At year end it held assets of $324k against liabilities of $62k, net assets of $262k. It reported 10 employees.