Live Thankfully Little Rock

Analysis

Live Thankfully Little Rock is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in April 2021, 5 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 December 2023, Live Thankfully Little Rock reported income of $447k and spending of $377k, spending 84% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $116k to $447k (+286%), an average of +97% a year. The sharpest change came in the year to December 2022, when income rose by 252%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Live Thankfully Little Rock 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 68th percentile, and in the 70th percentile within AR. Charities of a similar size with the same main cause include For the Village Inc ($447k), Data Foundation Inc ($447k) and The Abac Advancement Foundation Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $75k (20% of expenses). Other salaries and wages came to $99k. At year end it held assets of $187k against liabilities of $0, net assets of $187k.