Live for Liv Foundation

Analysis

Live for Liv Foundation is a registered charity in United States, based in Westford, MA. It received its IRS tax-exemption ruling in March 2023, 3 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, Live for Liv Foundation reported income of $71k and spending of $33k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $71k (-6.5%), an average of -6.5% a year. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Live for Liv Foundation sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Baraboo Food Pantry Inc ($71k), Howards Healthy Choices Inc ($71k) and Financial and Estate Literacy Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $226k against liabilities of $389, net assets of $225k.