Strength for Life Inc

Analysis

Strength for Life Inc is a registered charity in United States, based in Kings Park, NY. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Strength for Life Inc reported income of $136k and spending of $117k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $136k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Strength for Life Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Cradling New Life Inc ($136k), Nr2f1 Foundation ($136k) and Autumn Trails Stable ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $194k against liabilities of $1,427, net assets of $192k.