Visionlink Foundation

Analysis

Visionlink Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Visionlink Foundation reported income of $1.3m and spending of $2.0m, spending 151% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $24k to $1.3m (+5393%), an average of +5393% a year. The sharpest change came in the year to June 2023, when income rose by 5393%. Over the whole period it spent 148% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Visionlink Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include St Christophers Hospital for Children Foundation ($1.3m), Saguaros Childrens Charities ($1.3m) and Jack G Buncher Charitable Fund Forthe United Jewish Federation of PGH ($1.3m).

At year end it held assets of $32.1m against liabilities of $31k, net assets of $32.1m.