Positive Vibe Foundation

Analysis

Positive Vibe Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 July 2023, Positive Vibe Foundation reported income of $199k and spending of $230k, spending 115% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $790k to $199k (-75%), an average of -29% a year. The sharpest change came in the year to July 2022, when income dropped by 57%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Positive Vibe Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include Hicksstrong Inc ($199k), Inclusive Healers of the Heartland Incorporated ($199k) and Lost Lake Run Inc ($199k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $54k (24% of expenses). Other salaries and wages came to $63k. It paid $22k in professional fundraising fees. At year end it held assets of $213k against liabilities of $1,611, net assets of $212k. It reported 5 employees.