Textless Live More Inc

Analysis

Textless Live More Inc is a registered charity in United States, based in Saint Simons Island, GA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Textless Live More Inc reported income of $170k and spending of $108k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $146k to $170k (+16%), an average of +7.7% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 89% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Textless Live More Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Tribal Share Inc ($170k), Beacon Rescue ($170k) and Cottage Grove Volunteer Fire Department Inc ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.