Visionary Steps Charitable Foundation Inc

Analysis

Visionary Steps Charitable Foundation Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Visionary Steps Charitable Foundation Inc reported income of $63k and spending of $64k, spending 101% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $42k to $63k (+50%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Visionary Steps Charitable Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include USA Catchball Association ($63k), Minuteman Flames Minor Hockey Association Inc ($63k) and North American Natural Bodybuilding Federation ($63k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,902 against liabilities of $0, net assets of $2,902.