Team Viac

Analysis

Team Viac is a registered charity in United States, based in Port Clinton, OH. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Team Viac reported income of $225k and spending of $213k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $190k to $225k (+19%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Team Viac sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Philadelphia Sikh Society ($225k), All Gods Children Inc Christ the King Lutheran Church ($225k) and Reese-Shackelford Foundation ($225k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $34k (16% of expenses). At year end it held assets of $34k against liabilities of $38k, net assets of -$4,013.