Live Free Inc

Analysis

Live Free Inc is a registered charity in United States, based in Pelzer, SC. It received its IRS tax-exemption ruling in January 2011, 15 years ago. 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 Free Inc reported income of $557k and spending of $493k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $557k (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Live Free Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($557k), St Marys Cultural Center ($557k) and Basic the International Assoc of Machinists & Aerospace Workers ($557k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (8.0% of expenses). Other salaries and wages came to $321k. At year end it held assets of $199k against liabilities of $0, net assets of $199k. It reported 8 employees.