Vida Foundation USA

Analysis

Vida Foundation USA is a registered charity in United States, based in Gypsum, CO. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vida Foundation USA reported income of $116k and spending of $155k, spending 134% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $356k to $116k (-68%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vida Foundation USA sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Shimmering Wings Inc ($116k), Bridge of Hope Centre County ($116k) and Upstream Strategies Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $180k against liabilities of $1,673, net assets of $179k.