Gift of Life America Fund Inc

Analysis

Gift of Life America Fund Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gift of Life America Fund Inc reported income of $88k and spending of $58k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $88k (-1.7%), an average of -1.7% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gift of Life America Fund Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include San Antonio Womens Hall of Fame ($88k), Community Apartments Corporation of Alamance County 2 ($88k) and United Helpers Residence Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $454k against liabilities of $0, net assets of $454k.