Livelikejohnny Foundation

Analysis

Livelikejohnny Foundation is a registered charity in United States, based in Jacksboro, TX. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Livelikejohnny Foundation reported income of $81k and spending of $78k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $81k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Livelikejohnny Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include New Ulm United Soccer Club ($81k), Empowered Minds of South Carolina ($81k) and Regents of the University of Minnesota ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $18k (23% of expenses). At year end it held assets of $247k against liabilities of $0, net assets of $247k.