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Visionspring
Visionspring reported $12.9 million in revenue and $13.4 million in expenses for calendar year 2024. Of every $100 it spent, $75.04 went to program services, $15.34 to management and general costs and $9.62 to fundraising. Its largest source of revenue was contributions and grants: 87.0% of the total. The highest compensation it reported for one person was $354,789 (CHIEF EXECUTIVE OFFICER). 8 people received more than $100,000 in reportable compensation. Revenue rose 84% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $13M- Contributions & grants (non-government)$81.37 $11M
- Government grants$2.56 $342K
- Investment income$16.07 $2.1M
Other revenue was negative: −$474K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.0% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.3% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 9.6% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.11 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 87.0% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.7% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $354,789 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.65% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 8 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 24.5 | 56.6 |
| Independent voting board members Part VI 1a–1b | 11 of 12 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseVisionspring works to increase lifelong earning, learning, safety, and well-being through eyeglasses for people vulnerable to poverty. In 2024, we screened more than 2.6m people and corrected the vision of nearly 2.13m, people - farmers, weavers, factory workers, drivers, and students - gained the clear vision they need to see well and do well. This year also marked our total distribution of eyeglasses to 14.1m people and has unlocked an estimated $3b in income-earning potential for households living on less than $4 per day since the organization's founding in 2001.in 2024, visionspring…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $296,045 | $0 | $58,744 | $354,789 |
| DIRECTOR OF TECHNOLOGY Highest compensated employee, 40.00 hrs/week | $153,963 | $0 | $97,559 | $251,522 |
| GLOBAL VP, PEOPLE & CULTURE Highest compensated employee, 40.00 hrs/week | $157,623 | $0 | $72,354 | $229,977 |
| GLOBAL VP, FINANCE Officer, 40.00 hrs/week | $159,021 | $0 | $69,296 | $228,317 |
| GLOBAL DIRECTOR, MARKETING & COMM. Highest compensated employee, 40.00 hrs/week | $142,694 | $0 | $33,962 | $176,656 |
| FOUNDER/SECRETARY/VICE CHAIR Director/trustee, officer, 20.00 hrs/week | $155,250 | $0 | $0 | $155,250 |
| DIRECTOR, RESOURCE MOBILIZATION Highest compensated employee, 40.00 hrs/week | $111,225 | $0 | $33,717 | $144,942 |
| GLOBAL DIRECTOR, SUPPLY CHAIN Highest compensated employee, 40.00 hrs/week | $126,353 | $0 | $463 | $126,816 |
8 people received more than $100,000 in reportable compensation from Visionspring (Part VII, line 2). Compensation of current officers, directors and key employees totaled $738K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 515
- Volunteers Part I, line 616
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| VELOCITY GLOBAL Hr services | $202,540 |
| INTERNATIONAL AGENCY FOR PREVENTION OF B It services | $168,090 |
| RAMONA BAJEMA Advisory services | $163,982 |
| VIACODE CONSULTING LLC It services | $149,555 |
| SEVEN HILLS COMMUNICATIONS LIMITED Marketing services | $127,265 |
Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.
Private foundation grants it received
12 private foundations reported grants to Visionspring totaling $1.7M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Visionspring's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Visionspring, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Visionspring spent in 2024, $75.04 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Community Foundation of West KyincPaducah, KY · revenue $13M · programs 94.0% · 2024
- Heart of West Michigan United WayGrand Rapids, MI · revenue $13M · programs 84.7% · FY2025
- United Way of Tucson and Southern ArizonaTucson, AZ · revenue $13M · programs 75.2% · FY2025
- Council on FoundationsWashington, DC · revenue $13M · programs 81.7% · 2024
- United Way of Greater CharlottesvilleCharlottesville, VA · revenue $13M · programs 92.8% · FY2025
All philanthropy, voluntarism & grantmaking charities · Largest charities in New York
Questions people ask
How much of Visionspring's spending goes to programs?
In calendar year 2024, Visionspring reported that 75.0% of its $13.4 million in expenses went to program services, 15.3% to management and general and 9.6% to fundraising (Form 990, Part IX).
How much does Visionspring pay its top executive?
The largest total compensation Visionspring reported for one person in calendar year 2024 was $354,789, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Visionspring get its money?
Of $12.9 million in revenue in calendar year 2024, 87.0% came from contributions and grants (including 2.7% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Visionspring a registered charity?
The IRS lists EIN 31-1811558 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513179349306061 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423179349308417 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303199349331340 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203199349332925 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103579349301120 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013219349319116 · read the filing
All filings for EIN 31-1811558: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.