Live Oak Seniors Inc

Analysis

Live Oak Seniors Inc is a registered charity in United States, based in Clearlake Oks, CA. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Live Oak Seniors Inc reported income of $472k and spending of $393k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $349k to $472k (+35%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 155%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Live Oak Seniors Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Healing Arizona Veterans ($472k), Health Research Institute ($472k) and Redbud Financial Alternatives Inc ($472k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $140k. At year end it held assets of $874k against liabilities of $72k, net assets of $802k. It reported 8 employees.