Viridis Institute
Analysis
Viridis Institute is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in May 2012, 14 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, Viridis Institute reported income of $312k and spending of $165k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $299k to $312k (+4.5%), an average of +4.5% a year. Over the whole period it spent 52% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Viridis Institute sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Abbeville Institute Ltd ($312k), Parent Faculty Club of Round Meadow School ($312k) and Wildflower Foundation ($312k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $47k (29% of expenses). Other salaries and wages came to $50k. At year end it held assets of $746k against liabilities of $329k, net assets of $416k.
Income and spending
Where the income comes from
- Contributions & grants 1.4%
- Program services 99%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Abbeville Institute Ltd | Auburn | $312k |
| Parent Faculty Club of Round Meadow School | Hidden Hills | $312k |
| Wildflower Foundation | Cambridge | $312k |
| Sparkpath Inc | Arden Hills | $312k |