Live Oak Place LLC

Analysis

Live Oak Place LLC is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Oak Place LLC reported income of $340k and spending of $306k, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $394k to $340k (-14%), an average of -3.7% a year. The sharpest change came in the year to September 2022, when income rose by 292%. Over the whole period it spent 53% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Live Oak Place LLC sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include Pro Labore Dei Inc ($340k), Community Advancement and Redevelopment Enterprises Inc ($340k) and Buffalo Mercy Housing Development Fund Company Inc ($340k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 60% of the total. At year end it held assets of $4.2m against liabilities of $3.5m, net assets of $721k.