Life You Can Save

Analysis

Life You Can Save is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in December 2013, 13 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 2023, Life You Can Save reported income of $7.6m and spending of $7.8m, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $668k to $7.6m (+1032%), an average of +62% a year. The sharpest change came in the year to December 2019, when income rose by 160%. 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, Life You Can Save sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Skillsource Group Inc ($7.6m), Action Council of Monterey County Inc ($7.6m) and Wellington Management Foundation ($7.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $15k (0.2% of expenses). Other salaries and wages came to $349k. At year end it held assets of $4.8m against liabilities of $2.8m, net assets of $2.0m. It reported 6 employees.