Livfree Inc

Analysis

Livfree Inc is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in October 2016, 10 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 December 2023, Livfree Inc reported income of $256k and spending of $276k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $200k to $256k (+28%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Livfree Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include Addiction Solutions of Nantucket Inc ($256k), Four Holes Fishing for Friends ($256k) and A Smile for Kids ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $160k against liabilities of $11k, net assets of $148k.