Live58 Church

Analysis

Live58 Church is a registered charity in United States, based in El Dorado HLS, CA. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Live58 Church reported income of $253k and spending of $304k, spending 120% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $230k to $253k (+10%), an average of +10% a year. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Live58 Church sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Torahresource Com ($253k), Carolina Jews for Justice ($253k) and Iglesia Evangelica Camino de Santidad ($253k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $159k (52% of expenses). At year end it held assets of $32k against liabilities of $0, net assets of $32k. It reported 2 employees.