Vivent Health Texas Inc

Analysis

Vivent Health Texas Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 1987, 39 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 Texas Inc reported income of $11.6m and spending of $14.2m, spending 122% of what it took in. Across the 4 years on record, from December 2019 to August 2023, income grew from $8.6m to $11.6m (+35%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 30%. Over the whole period it spent 103% 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 Texas 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 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Homeassist Health Inc ($11.6m), NRV Nursing Center Incorporated ($11.6m) and Polinsky Medical Rehabilitation Center ($11.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 58% of the total. Other salaries and wages came to $5.6m. At year end it held assets of $48.1m against liabilities of $45.8m, net assets of $2.3m.