Building Men for Life Inc

Analysis

Building Men for Life Inc is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, 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, Building Men for Life Inc reported income of $1.3m and spending of $970k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $732k to $1.3m (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Building Men for Life Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Drugs and Diagnostics for Tropical ($1.3m), Hampton Bays Volunteer Ambulance Corps ($1.3m) and New York Congregational Community Services ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $192k (20% of expenses). Other salaries and wages came to $157k. At year end it held assets of $1.4m against liabilities of $480k, net assets of $873k. It reported 11 employees.