Catalyst Intl Vision Inc

Analysis

Catalyst Intl Vision Inc is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in April 2020, 6 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, Catalyst Intl Vision Inc reported income of $627k and spending of $445k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $786k to $627k (-20%), an average of -7.3% a year. The sharpest change came in the year to December 2021, when income dropped by 27%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catalyst Intl Vision Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Defensoria Nicaraguense de Derechos Humanos Inc ($627k), Cornerstone Assistance Network of North Central Texas ($627k) and Higher Power Automotive Ministries Inc ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $177k (40% of expenses). Other salaries and wages came to $59k. At year end it held assets of $1.6m against liabilities of $702, net assets of $1.6m. It reported 2 employees.