Lift for Life Gym

Analysis

Lift for Life Gym is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2007, 19 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 June 2023, Lift for Life Gym reported income of $888k and spending of $759k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $491k to $888k (+81%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lift for Life Gym sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within MO. Charities of a similar size with the same main cause include Leadership Austin ($888k), Youth Encouragement Services Inc ($888k) and Firm Foundations Youth Homes Inc ($888k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $98k (13% of expenses). Other salaries and wages came to $236k. At year end it held assets of $1.0m against liabilities of $178k, net assets of $869k. It reported 14 employees.