On with Life Foundation

Analysis

On with Life Foundation is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in July 1993, 33 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, On with Life Foundation reported income of $2.7m and spending of $4.2m, spending 157% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $452k to $2.7m (+492%), an average of +56% a year. The sharpest change came in the year to June 2021, when income rose by 259%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, On with Life Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Magdalena Ministries Inc ($2.7m), Partners in Care ($2.7m) and Charlotte Area Fund Inc 1326 ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $277k. It paid $3,000 in professional fundraising fees. At year end it held assets of $5.0m against liabilities of $158k, net assets of $4.9m.