Goodvision USA Inc

Analysis

Goodvision USA Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Goodvision USA Inc reported income of $234k and spending of $159k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $331k to $234k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 37% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Goodvision USA Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Five 14 Revolution Inc ($234k), Oasis Housing Inc ($234k) and Borracho Pescador ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $22k (14% of expenses). At year end it held assets of $458k against liabilities of $0, net assets of $458k.