Carlos Vieira Foundation Inc

Analysis

Carlos Vieira Foundation Inc is a registered charity in United States, based in Livingston, CA. It received its IRS tax-exemption ruling in October 2010, 16 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 December 2023, Carlos Vieira Foundation Inc reported income of $207k and spending of $375k, spending 181% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $195k to $207k (+6.4%), an average of +1.3% a year. The sharpest change came in the year to December 2020, when income rose by 192%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Carlos Vieira Foundation Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Sparsh Palliative Care Services ($207k), Mitchell Area Charitable Foundation ($207k) and Los Alamos Community Foundation ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $112k (30% of expenses). At year end it held assets of $69k against liabilities of $72k, net assets of -$2,942. It reported 2 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.