Precious Life Inc

Analysis

Precious Life Inc is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in October 1986, 40 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, Precious Life Inc reported income of $422k and spending of $377k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $423k to $422k (-0.1%), an average of +-0.0% a year. Over the whole period it spent 92% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Precious Life Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Discipleship Unlimited Inc ($422k), California Wildlife Officers Foundation ($422k) and Magdalene Omaha Inc ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Other salaries and wages came to $159k. At year end it held assets of $746k against liabilities of $3,592, net assets of $743k. It reported 6 employees.