Vivente 2 Inc

Analysis

Vivente 2 Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Vivente 2 Inc reported income of $683k and spending of $588k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $625k to $683k (+9.2%), an average of +2.2% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vivente 2 Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Pregnancy Ministries Inc ($683k), Operation First Response ($683k) and Joshuas Heart Foundation Inc ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 24% of the total. Other salaries and wages came to $34k. At year end it held assets of $4.3m against liabilities of $4.0m, net assets of $331k.