Launch Pad

Analysis

Launch Pad is a registered charity in United States, based in East Ridge, TN. It received its IRS tax-exemption ruling in April 2020, 6 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, Launch Pad reported income of $1.5m and spending of $487k, leaving 68% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $441k to $1.5m (+242%), an average of +85% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 26% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Launch Pad sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Covenant Health Foundation ($1.5m), Marillac Corp ($1.5m) and Becker County Developmental Achievement Center Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $198k. At year end it held assets of $2.2m against liabilities of $8,183, net assets of $2.2m. It reported 7 employees.