Operation Life Inc

Analysis

Operation Life Inc is a registered charity in United States, based in Ocean, NJ. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Operation Life Inc reported income of $529k and spending of $487k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $564k to $529k (-6.2%), an average of -1.6% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Operation Life Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Ahepa 250 IV Inc ($529k), Winter Valley Residences II Inc ($529k) and Samchai ($529k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $104k. At year end it held assets of $967k against liabilities of $649k, net assets of $318k.