2359 Vision

Analysis

2359 Vision is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2021, 2359 Vision reported income of $53k and spending of $3,279, leaving 94% of income unspent that year. Across the 2 years on record, from December 2020 to December 2021, income fell from $105k to $53k (-50%), an average of -50% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 2359 Vision sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 15th percentile within AK. Charities of a similar size with the same main cause include The Manchester Club Inc ($53k), Legatus ($53k) and Northern Virginia Chamber of Commerce Foundation Inc ($53k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.