Viva Physicians Inc

Analysis

Viva Physicians Inc is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Viva Physicians Inc reported income of $6.0m and spending of $4.8m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.1m to $6.0m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Viva Physicians Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Chattanooga Girls Leadership Academy Inc ($5.9m), Legacy Fund ($6.0m) and Valley Arts Academy Inc ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $782k (16% of expenses). Other salaries and wages came to $633k. At year end it held assets of $24.4m against liabilities of $826k, net assets of $23.6m. It reported 8 employees.