Gift of Life Mid South Inc

Analysis

Gift of Life Mid South Inc is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in June 2010, 16 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 June 2023, Gift of Life Mid South Inc reported income of $127k and spending of $105k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $53k to $127k (+140%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 140%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gift of Life Mid South Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within TN. Charities of a similar size with the same main cause include Adult Christian Care Inc ($127k), Christian Mens Job Corps of Lufkin ($127k) and Conaxion Inc ($127k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $19k, net assets of $72k.