Grand Vision Foundation
Analysis
Grand Vision Foundation is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Grand Vision Foundation reported income of $1.3m and spending of $1.3m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $643k to $1.3m (+96%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 86% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grand Vision Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Baxter Park Wilderness Fund TR ($1.3m), Impact Silver Spring ($1.3m) and Friends of Darchei Hillel Inc ($1.3m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $87k (6.6% of expenses). Other salaries and wages came to $664k. At year end it held assets of $1.6m against liabilities of $27k, net assets of $1.6m. It reported 24 employees.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 15%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Baxter Park Wilderness Fund TR | Milo | $1.3m |
| Impact Silver Spring | Silver Spring | $1.3m |
| Friends of Darchei Hillel Inc | Brooklyn | $1.3m |
| Catherine Violet Hubbard Foundation Inc | Newtown | $1.3m |