Envision Sight Inc

Analysis

Envision Sight Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in September 1969, 57 years ago. 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 June 2024, Envision Sight Inc reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $862k to $1.3m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Envision Sight Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within ID. Charities of a similar size with the same main cause include University of TX at San Antonio ($1.3m), The Morton Center Inc ($1.3m) and Young Mens Christian Association of Dubois Pa ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.2% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $182k (14% of expenses). Other salaries and wages came to $349k. At year end it held assets of $2.0m against liabilities of $158k, net assets of $1.8m. It reported 9 employees.