Vision Soldotna Inc

Analysis

Vision Soldotna Inc is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Vision Soldotna Inc reported income of $90k and spending of $83k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $90k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vision Soldotna Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within AK. Charities of a similar size with the same main cause include Shakan Global Mission Inc ($90k), Construction Industry Education Foundation Inc ($90k) and Friends of the Jewish Community of Tucuman Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 44% of the total. At year end it held assets of $16k against liabilities of $5,800, net assets of $10k.