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International : Development and Relief Services

VisionSpring

Ensure access to affordable, quality eyeglasses for all; create durable market-based access for vision correction.

93.65

505 Eighth Avenue Suite 12A-07
New York, NY 10018
tel: (212) 375-2599   Web Site
EIN: 31-1811558

Board Leadership
Reade Fahs
Chairman

CEO
Ella Gudwin
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 93.65
  Financial 91.97
  Accountability & Transparency 96.00
This rating was published 09/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Eyeglasses are a powerful tool for social and economic development, and personal wellbeing. Yet, 2.7 billion people around the world lack access to this 700-year-old technology. VisionSpring expands the optical market, using innovative distribution and service models to sell radically affordable, durable and attractive eyeglasses to people living on less than $4/day. Pairing end-consumer purchasing power with sponsorship from foundations, governments, and corporations, VisionSpring's community-based programs bring vision screening and eyeglasses to earners, learners, and drivers in 20 countries. VisionSpring reaches over 1.3M people annually and has unlocked $1.5B in economic impact. VisionSpring also offers supply-side solutions, selling bulk quantities of reading eyeglasses and fulfilling Rx orders in our lens lab, to more than 400 mission-aligned partners - helping to expand their vision services to low-income customers. With eyeglasses people can see well and do well.

Eyeglasses are a powerful tool for social and economic development, and personal wellbeing. Yet, 2.7 billion people around the world lack access to this 700-year-old technology. VisionSpring expands the optical market, using innovative distribution and service models to sell radically affordable, durable and attractive eyeglasses to people living on less than $4/day. Pairing end-consumer purchasing power with sponsorship from foundations, governments, and corporations, VisionSpring's community-based programs bring vision screening and eyeglasses to earners, learners, and drivers in 20 countries. VisionSpring reaches over 1.3M people annually and has unlocked $1.5B in economic impact. VisionSpring also offers supply-side solutions, selling bulk quantities of reading eyeglasses and fulfilling Rx orders in our lens lab, to more than 400 mission-aligned partners - helping to expand their vision services to low-income customers. With eyeglasses people can see well and do well.

Financial

91.97

Accountability & Transparency

96.00

This rating was published 09/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
74.4%
  Administrative Expenses 16.9%
  Fundraising Expenses 8.5%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 1.49
  Program Expenses Growth 18.8%
  Liabilities to Assets 11.4%
All data for Financial Performance Metrics calculations was provided by VisionSpring on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by VisionSpring on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
VisionSpring (NY) 93.65
Esperança (AZ) 98.23
UNRWA USA National Committee (DC) 92.92
Fund for Armenian Relief (NY) 92.82
Pilgrim Africa (WA) 92.70

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,432,771
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $6,432,771
   Program Service Revenue $638,945
Total Primary Revenue $7,071,716
   Other Revenue $-74,974
TOTAL REVENUE $6,996,742
   
EXPENSES  
   Program Expenses $4,341,687
   Administrative Expenses $1,060,051
   Fundraising Expenses $539,079
TOTAL FUNCTIONAL EXPENSES $5,940,817
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,055,925
   
Net Assets $7,589,906

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
VisionSpring has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 09/01/2021 93.65
2018-12 09/01/2020 94.42
2017-12 07/01/2019 90.42
2016-12 07/01/2018 91.55
2015-12 08/01/2017 87.00
2014-12 06/01/2016 93.83
 
CN 2.0
2013-12 08/01/2015 96.40
2012-12 05/01/2014 89.19
2011-12 07/01/2013 81.47
2010-12 08/01/2012 81.77
2010-12 04/01/2012 79.50

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 31-1811558
Name in IRS Master File VISIONSPRING
NTEE Code T12
NTEE Classification Fund Raising and/or Fund Distribution
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 2002
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$254,191 4.27% Ella Gudwin Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
VisionSpring (NY) 93.65
Children's HeartLink (MN) 86.53
Sewa International, Inc (TX) 100.00
HealthRight International (NY) 91.59
Central American Medical Outreach (OH) 87.34

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

VisionSpring
505 Eighth Avenue
Suite 12A-07
New York, NY 10018
tel: (212) 375-2599
EIN: 31-1811558

Visit Web Site

Board Leadership

Reade Fahs
Chairman

CEO

Ella Gudwin
CEO

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