Living 127 Inc

Analysis

Living 127 Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in July 2013, 13 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, Living 127 Inc reported income of $343k and spending of $284k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $230k to $343k (+49%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living 127 Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include American Purpose LLC ($342k), Family Promise of the Palouse Inc ($343k) and Connected Kids Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $354k against liabilities of $0, net assets of $354k.