Vision Broadcasting Network Inc

Analysis

Vision Broadcasting Network Inc is a registered charity in United States, based in Alamogordo, NM. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Vision Broadcasting Network Inc reported income of $56k and spending of $65k, spending 115% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $107k to $56k (-48%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vision Broadcasting Network Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within NM. Charities of a similar size with the same main cause include Ogunquit Arts Collaborative ($56k), Little Neck Douglaston Memorial Day Parade Association Inc ($56k) and The Boston Printmakers Inc ($56k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $16k. At year end it held assets of $75k against liabilities of $6,329, net assets of $69k. It reported 1 employees.