Livemore

Analysis

Livemore is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Livemore reported income of $736k and spending of $705k, spending 96% of its income. Across the 4 years on record, from December 2020 to June 2023, income grew from $101k to $736k (+628%), an average of +94% a year. The sharpest change came in the year to June 2023, when income rose by 227%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Livemore sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Heritage Training and Career Center ($736k), Montessori Child Development Centers of California Inc ($736k) and Elgin Youth Symphony Orchestra Inc ($736k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $211k (30% of expenses). It paid $6,603 in professional fundraising fees. At year end it held assets of $48k against liabilities of $2,474, net assets of $46k.