Overview

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Est.

2018

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Civica Inc is a nonprofit organization dedicated to alleviating supply shortages of essential generic medications and ensuring their affordability for all. With an operating budget of $113.2 million and total revenue of $65 million for the 2024 filing year, Civica relies on multiple funders, with no single source contributing more than 50% of its revenue. More information about their initiatives can be found on their website at www.civicarx.org.

Mission Statement

Alleviate supply shortages for essential generic medications and ensure affordability to everyone.
Revenues
$65M
Expenses
$113.2M
Net Income:
-$48.2M
Assets
$283.1M
Liabilities
$303.7M
Net Assets:
-$20.7M
Operating Budget
$113.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$27.9M
Largest grant received
$27.9M
N
Ned McCoy
Board Member
D
Dennis Dahlen
Board Member
E
Erin Asprec
Board Member

Frequently Asked Questions

What is Civica Inc’s budget?
In 2024, Civica Inc reported an annual operating budget of around $113.2 million. More detailed financial information is available to registered users.
Where does Civica Inc operate?
Civica Inc is headquartered in Lehi, UT.
Who funded Civica Inc recently?
In 2024, Civica Inc received grants from CIVICA FOUNDATION, CIVICA FOUNDATION, and CIVICA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Civica Inc received in 2024?
The largest grant to Civica Inc in 2024 exceeds $27.9 million.
What is Civica Inc’s reliance on government grants?
Civica Inc relied on government grants for less than 5% of their total revenue in 2024.