Vision Together 2025 Inc
Analysis
Vision Together 2025 Inc is a registered charity in United States, based in Johnstown, PA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Vision Together 2025 Inc reported income of $313k and spending of $267k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $333k to $313k (-6.2%), an average of -6.2% a year. Over the whole period it spent 93% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vision Together 2025 Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Greater Wilmington Chamber Foundation ($312k), Central Adirondack Partnership for the 21st Century Inc ($313k) and Mainstreet Winter Haven Inc ($312k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $133k (50% of expenses). Other salaries and wages came to $39k. At year end it held assets of $140k against liabilities of $7,751, net assets of $132k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Greater Wilmington Chamber Foundation | Wilmington | $312k |
| Central Adirondack Partnership for the 21st Century Inc | Old Forge | $313k |
| Mainstreet Winter Haven Inc | Winter Haven | $312k |
| Richmond Neighborhood Restoration Inc | Richmond | $313k |