Vision Tutoring Educational Foundation Inc

Analysis

Vision Tutoring Educational Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Tutoring Educational Foundation Inc reported income of $222k and spending of $397k, spending 178% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $222k (+177%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 245%. Over the whole period it spent 148% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vision Tutoring Educational Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Lead Wichita Inc ($222k), Vista Grande Continuous Progress Alternatives Program ($222k) and Parents of Universal Performers Inc ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $248k (63% of expenses). At year end it held assets of $43k against liabilities of $281k, net assets of -$239k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.