Vibrant Places Inc

Analysis

Vibrant Places Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Vibrant Places Inc reported income of $100k and spending of $8,215, leaving 92% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $465k to $100k (-78%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 9.9% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vibrant Places Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Jamari Foundation ($100k), New York State Association of Realtors Disaster Relief Fun Inc ($100k) and Oklahoma Home Builders Foundation ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $892k against liabilities of $0, net assets of $892k.