Livebetter Corp

Analysis

Livebetter Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover health care, 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 2022, Livebetter Corp reported income of $580k and spending of $570k, spending 98% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $390k to $580k (+49%), an average of +49% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Livebetter Corp sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Bethesda Foundation Inc ($580k), Community Health Services-St Dominic Inc ($580k) and Heroes in Transition Inc ($579k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $51, net assets of $42k.