Vive

Analysis

Vive is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Vive reported income of $6.2m and spending of $5.1m, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $434k to $6.2m (+1333%), an average of +143% a year. The sharpest change came in the year to December 2023, when income rose by 372%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Vive sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Zichron Chaim Inc ($6.2m), Boys and Girls Clubs of Miami-Dade Inc ($6.2m) and Boys & Girls Club of Metro Queens Inc ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $162k (3.2% of expenses). Other salaries and wages came to $116k. At year end it held assets of $2.6m against liabilities of $466k, net assets of $2.1m. It reported 4 employees.