Courage for Life Incorporated

Analysis

Courage for Life Incorporated is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in April 2014, 12 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 September 2023, Courage for Life Incorporated reported income of $748k and spending of $435k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to September 2023, income grew from $526k to $748k (+42%), an average of +9.2% a year. The sharpest change came in the year to September 2023, when income rose by 76%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Courage for Life Incorporated sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Berkshire Immigrant Center Inc ($748k), Alfred Street Baptist Church Foundation ($748k) and Heart of Hope Asian American Hospice Care a Nonprofit Corp ($747k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $266k (61% of expenses). At year end it held assets of $485k against liabilities of $43k, net assets of $442k. It reported 5 employees.