Vida Inc

Analysis

Vida Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in February 1984, 42 years ago. 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, Vida Inc reported income of $2.1m and spending of $1.6m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $362k to $2.1m (+467%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vida Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include Raleigh Swimming Association ($2.1m), Jewish Family Service ($2.1m) and USA International Ballet Competition ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $644k. At year end it held assets of $4.7m against liabilities of $75k, net assets of $4.6m. It reported 29 employees.