Living with Purpose Incorporated

Analysis

Living with Purpose Incorporated is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter.

In the financial year ending December 2022, Living with Purpose Incorporated reported income of $3.7m and spending of $3.6m, spending 97% of its income. Across the 6 years on record, from December 2017 to December 2022, income grew from $379k to $3.7m (+879%), an average of +58% a year. The sharpest change came in the year to December 2018, when income rose by 145%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Living with Purpose Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include Juneau Housing First Collaborative ($3.7m), Victory Housing Inc ($3.7m) and Omaha 100 Incorporated ($3.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $385k (11% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $869k against liabilities of $0, net assets of $869k. It reported 32 employees.