Vision 2020 Education Foundation

Analysis

Vision 2020 Education Foundation is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Vision 2020 Education Foundation reported income of $358k and spending of $396k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $44.7m to $358k (-99%), an average of -80% a year. The sharpest change came in the year to June 2022, when income rose by 490%. Over the whole period it spent 2.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vision 2020 Education Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Porter Ridge High School Athletic Booster Club Inc ($357k), Michigan Ovarian Cancer Alliance ($358k) and Wonderfolk ($357k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% of the total. At year end it held assets of $48.5m against liabilities of $2.3m, net assets of $46.2m.