Sisters for Life Education Fund Inc

Analysis

Sisters for Life Education Fund Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2021, Sisters for Life Education Fund Inc reported income of $713k and spending of $665k, spending 93% of its income. Across the 4 years on record, from December 2018 to December 2021, income grew from $325k to $713k (+119%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sisters for Life Education Fund Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include United Way of Washington County Maryland Inc ($713k), Chinuch Yehudi Inc ($713k) and Hands to Hands Community Fund ($713k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $163k (25% of expenses). Other salaries and wages came to $288k. At year end it held assets of $199k against liabilities of $0, net assets of $199k.