Vida

Analysis

Vida is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Vida reported income of $1.5m and spending of $1.3m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $1.5m (-20%), an average of -5.5% a year. The sharpest change came in the year to September 2022, when income rose by 115%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vida sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 61st percentile within DC. Charities of a similar size with the same main cause include Whittier Public Library Foundation ($1.5m), Awesome Foundation ($1.5m) and Beginning Project ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $67k (5.1% of expenses). Other salaries and wages came to $156k. At year end it held assets of $1.0m against liabilities of $161k, net assets of $868k. It reported 1 employees.