Visions in Education
Analysis
Visions in Education is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Visions in Education reported income of $104.7m and spending of $95.9m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $64.0m to $104.7m (+64%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Visions in Education sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Kettering University ($104.3m), Adrian College ($104.8m) and University of Dubuque ($104.0m).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2.8m (2.9% of expenses). Other salaries and wages came to $44.3m. At year end it held assets of $117.3m against liabilities of $79.3m, net assets of $38.1m. It reported 543 employees.
Income and spending
Where the income comes from
- Program services 98%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kettering University | Flint | $104.3m |
| Adrian College | Adrian | $104.8m |
| University of Dubuque | Dubuque | $104.0m |
| St Johns College | Annapolis | $104.8m |