Staying Alive Foundation Inc

Analysis

Staying Alive Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2024, 2 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, Staying Alive Foundation Inc reported income of $2.6m and spending of $4.4m, spending 169% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $4.1m to $2.6m (-37%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Staying Alive Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Brookes House Inc ($2.6m), Cayuga Health System Inc ($2.6m) and Music Health Alliance Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $343k (7.8% of expenses). Other salaries and wages came to $538k. At year end it held assets of $2.3m against liabilities of $863k, net assets of $1.4m.