Live Like Geno Foundation Inc

Analysis

Live Like Geno Foundation Inc is a registered charity in United States, based in Hollister, CA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Live Like Geno Foundation Inc reported income of $601k and spending of $505k, spending 84% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $428k to $601k (+40%), an average of +40% a year. The sharpest change came in the year to September 2023, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Live Like Geno Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Midland Soccer Association Inc ($601k), Friends of Manhasset Crew ($601k) and Grayslake Galaxy Soccer Club Inc ($600k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 90% of the total. Other salaries and wages came to $255k. At year end it held assets of $294k against liabilities of $13k, net assets of $281k. It reported 42 employees.