Vision Centre Leadership Development for Aging Services

Analysis

Vision Centre Leadership Development for Aging Services is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in June 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 (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 Centre Leadership Development for Aging Services reported income of $674k and spending of $452k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $344k to $674k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vision Centre Leadership Development for Aging Services sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within WI. Charities of a similar size with the same main cause include International Society of Beverage Technologists ($674k), Hispanic Multi Purpose Service Center ($674k) and Wausaukee Enterprises Incorporated ($674k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $217k (48% of expenses). Other salaries and wages came to $121k. At year end it held assets of $506k against liabilities of $117k, net assets of $390k. It reported 5 employees.