Livewell by Blakeford Inc

Analysis

Livewell by Blakeford Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Livewell by Blakeford Inc reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $588k to $1.1m (+91%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Livewell by Blakeford Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Red Rock Center for Independence ($1.1m), Positive Connection Care Inc ($1.1m) and Northeast Earth Coalition ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $83k (7.9% of expenses). Other salaries and wages came to $195k. At year end it held assets of $1.5m against liabilities of $2.1m, net assets of -$576k.