Viva Learning Community

Analysis

Viva Learning Community is a registered charity in United States, based in Lakewood, CA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Viva Learning Community reported income of $72k and spending of $74k, spending 103% of its income. Across the 6 years on record, from June 2018 to June 2023, income fell from $309k to $72k (-77%), an average of -25% a year. The sharpest change came in the year to June 2020, when income dropped by 79%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Viva Learning Community sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Childrens Choice Preschool-Mcdowell Elementary Parent Support Group ($72k), De-Dc-Md Assoc of Student Financial Aid Administrators Inc ($72k) and Sam S Kids Student Foundation Inc ($72k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $15k (20% of expenses). Other salaries and wages came to $23k. At year end it held assets of $44k against liabilities of $470, net assets of $43k. It reported 4 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.