Foundation for Life

Analysis

Foundation for Life is a registered charity in United States, based in Maumee, OH. It received its IRS tax-exemption ruling in September 1972, 54 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Foundation for Life reported income of $332k and spending of $368k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $332k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 81% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Foundation for Life sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Central Washington Justice for Our Neighbors ($332k), Fear 2 Freedom Inc ($332k) and Unified Child Advocacy Network ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $58k (16% of expenses). Other salaries and wages came to $55k. At year end it held assets of $359k against liabilities of $0, net assets of $359k. It reported 5 employees.