Live Tampa Bay Inc

Analysis

Live Tampa Bay Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Tampa Bay Inc reported income of $389k and spending of $360k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $220k to $389k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Live Tampa Bay Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Gorgas Memorial Institute of Tropic Al and Preventative Medicine Inc ($389k), Veterans2veteransgroup Limited ($390k) and Georgia Lions Camp for the Blind ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $22k (6.1% of expenses). At year end it held assets of $87k against liabilities of $10k, net assets of $77k.