Spring Reins of Life Inc

Analysis

Spring Reins of Life Inc is a registered charity in United States, based in Troy, VA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover health care, 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, Spring Reins of Life Inc reported income of $58k and spending of $83k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $59k to $58k (-1.8%), an average of -1.8% a year. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spring Reins of Life Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Georgia Vascular Foundation Inc ($58k), TCP Mulligan Coalition Inc ($58k) and Northern Greenbrier Health Clinic Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.