Get Live 45 Foundation Inc

Analysis

Get Live 45 Foundation Inc is a registered charity in United States, based in Florence, KY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Get Live 45 Foundation Inc reported income of $246k and spending of $319k, spending 130% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $159k to $246k (+55%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Get Live 45 Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KY. Charities of a similar size with the same main cause include Golden Visions Adult Day Servies and Community Senior Center ($246k), Edgar County Senior Citizens Counci L Inc ($246k) and Friends of Madison Youth Inc ($246k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% of the total. At year end it held assets of $31k against liabilities of $15k, net assets of $16k.