Live It Learn It

Analysis

Live It Learn It is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Live It Learn It reported income of $771k and spending of $973k, spending 126% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income fell from $792k to $771k (-2.7%), an average of -0.9% a year. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Live It Learn It sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 50th percentile within DC. Charities of a similar size with the same main cause include Nia House Montessori School ($771k), Get to Know Angola Corporation ($771k) and Chillicothe Educational Foundation ($771k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 81% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $275k (28% of expenses). Other salaries and wages came to $231k. At year end it held assets of $908k against liabilities of $179k, net assets of $729k. It reported 11 employees.