Vision House

Analysis

Vision House is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in November 2005, 21 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 House reported income of $6.1m and spending of $6.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.7m to $6.1m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vision House sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Pennsylvania Certified Organic ($6.1m), Esperanza United ($6.1m) and Active Aging Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $237k (3.6% of expenses). At year end it held assets of $11.6m against liabilities of $754k, net assets of $10.8m. It reported 124 employees.