One Vision Charitable Foundation

Analysis

One Vision Charitable Foundation is a registered charity in United States, based in Clear Lake, IA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, One Vision Charitable Foundation reported income of $1.1m and spending of $530k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to September 2023, income grew from $7,354 to $1.1m (+14521%), an average of +248% a year. The sharpest change came in the year to December 2020, when income rose by 8361%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Vision Charitable Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include Carsons Adult Foster Care Inc ($1.1m), Association of Religious Communities Inc ($1.1m) and Marshall County Assn for Exceptional Children Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $21.2m against liabilities of $78k, net assets of $21.2m.