Living Well Inc

Analysis

Living Well Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Living Well Inc reported income of $194k and spending of $135k, leaving 30% of income unspent that year. Across the 5 years on record, from September 2020 to September 2024, income fell from $250k to $194k (-22%), an average of -6.1% a year. The sharpest change came in the year to September 2021, when income dropped by 33%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Well Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include Immerge Inc ($194k), Orville & Willa Chatt Senior Citizen Center Inc ($194k) and Council for Healthy Food Systems ($194k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (27% of expenses). At year end it held assets of $259k against liabilities of $0, net assets of $259k. It reported 2 employees.