Vivli Inc

Analysis

Vivli Inc is a registered charity in United States, based in Burlington, MA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Vivli Inc reported income of $5.2m and spending of $4.8m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $5.2m (+265%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vivli Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Lutheran Homes ($5.2m), Boston Area Rape Crisis Center Inc ($5.2m) and McCone County Health Center Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $345k (7.2% of expenses). Other salaries and wages came to $741k. At year end it held assets of $9.9m against liabilities of $1.6m, net assets of $8.4m. It reported 14 employees.