Save One Life Inc

Analysis

Save One Life Inc is a registered charity in United States, based in Danvers, MA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Save One Life Inc reported income of $1.3m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. 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, Save One Life Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include We Care Jacksonville Inc ($1.3m), Lemars Area Dialysis Services ($1.3m) and Upmc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $114k (8.5% of expenses). Other salaries and wages came to $319k. At year end it held assets of $1.8m against liabilities of $410k, net assets of $1.4m. It reported 6 employees.