Live Like Liam of Iberia

Analysis

Live Like Liam of Iberia is a registered charity in United States, based in New Iberia, LA. It received its IRS tax-exemption ruling in June 2023, 3 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 Liam of Iberia reported income of $97k and spending of $95k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $269k to $97k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 39% 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 Liam of Iberia sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within LA. Charities of a similar size with the same main cause include Hoover Softball Association Inc ($97k), Midnight Suns Baseball Club ($97k) and Un-Included ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.