Vizione Inc

Analysis

Vizione Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vizione Inc reported income of $83k and spending of $65k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $234k to $83k (-65%), an average of -65% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vizione Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Care and Share Foundation ($83k), Matrimonial Dialogue Inc ($83k) and St Hedwig Confernce ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $247k against liabilities of $0, net assets of $247k. It reported 1 employees.