Live Work Eat Grow Inc

Analysis

Live Work Eat Grow Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2024, Live Work Eat Grow Inc reported income of $384k and spending of $331k, spending 86% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $348k to $384k (+10%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Live Work Eat Grow Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Southside Senior & Community Center ($384k), Pine County Agricultural Society ($384k) and Meals on Wheels of Palo Pintocounty Inc ($384k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 21% of the total. Other salaries and wages came to $119k. At year end it held assets of $693k against liabilities of $462k, net assets of $232k. It reported 3 employees.