Visiontrust International Inc

Analysis

Visiontrust International Inc is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Visiontrust International Inc reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.2m to $2.5m (+12%), an average of +2.3% a year. The sharpest change came in the year to June 2020, when income rose by 65%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Visiontrust International Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Blue Angels Foundation Inc ($2.5m), Social Enterprise Greenhouse ($2.5m) and Greater Susquehanna Valley United Way ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $17k (0.7% of expenses). Other salaries and wages came to $367k. At year end it held assets of $1.1m against liabilities of $1.2m, net assets of -$37k. It reported 13 employees.