Primed for Life Inc

Analysis

Primed for Life Inc is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Primed for Life Inc reported income of $1.1m and spending of $848k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $476k to $1.1m (+141%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Primed for Life Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Library Foundation for the Benefit of St Louis Public Library ($1.1m), Kentucky State University Foundation Inc ($1.1m) and Favored Foundation for Strengthening Families ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $556k. At year end it held assets of $395k against liabilities of $0, net assets of $395k. It reported 11 employees.