Positively Living Inc

Analysis

Positively Living Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Positively Living Inc reported income of $15.2m and spending of $15.1m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.7m to $15.2m (+222%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 48%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Positively Living Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Jewish Community Center of Metro West Inc ($15.1m), Bethesda Childrens Home Lutheran Social Services ($15.2m) and The Arc of the South Shore Inc ($15.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $179k (1.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $4.9m against liabilities of $2.8m, net assets of $2.1m. It reported 46 employees.