Avivo

Analysis

Avivo is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 1958, 68 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Avivo reported income of $36.8m and spending of $39.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $28.7m to $36.8m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Avivo sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Jewish Social Service Agency ($36.8m), Presbyterian Home at Charlotte Inc ($36.9m) and Catholic Charities of the Archdiocese of Newark ($36.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $285k (0.7% of expenses). Other salaries and wages came to $18.5m. At year end it held assets of $23.9m against liabilities of $16.1m, net assets of $7.8m. It reported 506 employees.