Vivie Foundation

Analysis

Vivie Foundation is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in October 1984, 42 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Vivie Foundation reported income of $646k and spending of $382k, leaving 41% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $586k to $646k (+10%), an average of +2.4% a year. The sharpest change came in the year to September 2022, when income rose by 43%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vivie Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Family Crisis Services Inc ($646k), Playwrights Preview Productions Ltd ($646k) and Hemlock Farms Volunteer Fire and Rescue Company ($646k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $3.7m against liabilities of $195, net assets of $3.7m.