Live Center Inc

Analysis

Live Center Inc is a registered charity in United States, based in Lemmon, SD. It received its IRS tax-exemption ruling in January 1979, 47 years ago. 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 June 2024, Live Center Inc reported income of $2.5m and spending of $1.9m, leaving 22% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $2.5m (+97%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Live Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within SD. Charities of a similar size with the same main cause include Wsa Youth Soccer Association ($2.5m), C a Community Services Inc ($2.5m) and Watersprings Ranch Inc ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $156k (8.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.4m against liabilities of $226k, net assets of $2.2m. It reported 26 employees.