Live Like Sam Foundation

Analysis

Live Like Sam Foundation is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Live Like Sam Foundation reported income of $609k and spending of $581k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $421k to $609k (+45%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Live Like Sam Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within UT. Charities of a similar size with the same main cause include Pridelines Youth Services Inc ($609k), Made to Thrive ($610k) and Head of the Red Youth Activities Association Inc ($609k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $112k (19% of expenses). Other salaries and wages came to $62k. At year end it held assets of $303k against liabilities of $13k, net assets of $289k. It reported 2 employees.