Live Well Foundation

Analysis

Live Well Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Live Well Foundation reported income of $113k and spending of $149k, spending 132% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $84k to $113k (+35%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Live Well Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include John Owens Adventure Inc ($113k), Las Vegas Childrens Hospital Foundation ($113k) and Utusan Foundation ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $93k against liabilities of $43k, net assets of $50k.