Living Wage for US Inc

Analysis

Living Wage for US Inc is a registered charity in United States, based in Lilburn, GA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 May 2023, Living Wage for US Inc reported income of $292k and spending of $368k, spending 126% of what it took in. Across the 2 years on record, from May 2022 to May 2023, income fell from $305k to $292k (-4.1%), an average of -4.1% 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, Living Wage for US Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Onemine Inc ($292k), Webuild ($292k) and Plumbers and Pipefitters Apprenticeship Education and Train ($292k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $110k (30% of expenses). Other salaries and wages came to $90k. At year end it held assets of $85k against liabilities of $51k, net assets of $35k. It reported 2 employees.