Vision Ministries Outreach Inc

Analysis

Vision Ministries Outreach Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Vision Ministries Outreach Inc reported income of $306k and spending of $278k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $267k to $306k (+15%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Vision Ministries Outreach Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Sallisaw Youth League Inc ($306k), Salt N Light Youth Ministry ($306k) and Clovers 4 Kids Booster Club ($306k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $60k (22% of expenses). Other salaries and wages came to $41k. At year end it held assets of $71k against liabilities of $0, net assets of $71k. It reported 4 employees.