Vida Spiritual Learning Center Inc

Analysis

Vida Spiritual Learning Center Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 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 Spiritual Learning Center Inc reported income of $87k and spending of $100k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.3m to $87k (-93%), an average of -94% a year. The sharpest change came in the year to December 2023, when income dropped by 93%. Over the whole period it spent 13% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vida Spiritual Learning Center Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Christ Connection ($87k), Neo Fund ($87k) and Acts2helpothers ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $43k (43% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.