Vivent Health Inc

Analysis

Vivent Health Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 August 2023, Vivent Health Inc reported income of $78.1m and spending of $69.1m, spending 89% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $47.3m to $78.1m (+65%), an average of +18% a year. The sharpest change came in the year to August 2021, when income rose by 41%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vivent Health Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Frontier Health ($78.1m), Memorial Hospital of William F and Gertrude F Jones Inc ($78.1m) and Athens Regional Specialty Services Inc ($77.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $2.3m (3.4% of expenses). Other salaries and wages came to $26.7m. At year end it held assets of $163.8m against liabilities of $66.8m, net assets of $97.0m. It reported 643 employees.