Livingstone Schools Inc

Analysis

Livingstone Schools Inc is a registered charity in United States, based in Seffner, FL. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Livingstone Schools Inc reported income of $5.3m and spending of $5.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $5.3m (+91%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Livingstone Schools Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Horizon Science Academy Dayton High School ($5.3m), Public Health Law Center Inc ($5.3m) and Pepin Academies of Pasco County Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $289k (5.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.6m against liabilities of $2.2m, net assets of $1.4m. It reported 122 employees.