Liveonny Foundation

Analysis

Liveonny Foundation is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Liveonny Foundation reported income of $913k and spending of $989k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $913k (-15%), an average of -3.8% a year. The sharpest change came in the year to December 2021, when income rose by 1072%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Liveonny Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Headwaters Emergency Medical Services Inc ($913k), Emmaus Road Christian Counseling ($913k) and Villages of General Baptist Health Care Assisted Living ($913k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $274k (28% of expenses). At year end it held assets of $831k against liabilities of $126k, net assets of $705k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.