Livitup Inc

Analysis

Livitup Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 1981, 45 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 September 2023, Livitup Inc reported income of $2.4m and spending of $1.8m, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $2.4m (+14%), an average of +3.3% a year. The sharpest change came in the year to September 2023, when income rose by 33%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Livitup Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Setting Scoliosis Straight Foundation ($2.4m), Gulfside Healthcare Services Inc ($2.4m) and Dream Centers of Colorado Springs ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $93k (5.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.0m against liabilities of $579k, net assets of $2.5m. It reported 51 employees.