Livin Room

Analysis

Livin Room is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Livin Room reported income of $168k and spending of $153k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $149k to $168k (+13%), an average of +13% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Livin Room sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within AL. Charities of a similar size with the same main cause include Friends of Algiers Village Inc ($168k), Rotary Club of Northfield ($168k) and Building a Better Boyertown ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $250k against liabilities of $1,620, net assets of $248k.