Pacific Vision Foundation

Analysis

Pacific Vision Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1977, 49 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Pacific Vision Foundation reported income of $1.5m and spending of $2.1m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $1.5m (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 195%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pacific Vision Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include American Association for Geriatric Psychiatry Inc ($1.5m), Center for Respite Care Inc ($1.5m) and Monte Vista Community Ambulance Service ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $582k (27% of expenses). Other salaries and wages came to $429k. At year end it held assets of $45.0m against liabilities of $23.7m, net assets of $21.3m. It reported 28 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.