Living 24-7 Inc

Analysis

Living 24-7 Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2016, 10 years ago. 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 September 2023, Living 24-7 Inc reported income of $299k and spending of $294k, spending 98% of its income. Across the 4 years on record, from September 2019 to September 2023, income fell from $627k to $299k (-52%), an average of -22% a year. The sharpest change came in the year to September 2020, when income dropped by 71%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living 24-7 Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Hudsonville Christian School Educational Foundation ($299k), Noblesville Soccer Club Inc ($299k) and Hinsdale Historical Society ($299k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $29k (10% of expenses). At year end it held assets of $51k against liabilities of $0, net assets of $51k. It reported 1 employees.