Gift of Life of District 7490 Inc

Analysis

Gift of Life of District 7490 Inc is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Gift of Life of District 7490 Inc reported income of $400k and spending of $313k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $202k to $400k (+98%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gift of Life of District 7490 Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Asociacion Puerto Rico Quena de Diabetes ($400k), Gillys House Inc ($400k) and Center for Healthcare Careers of Southeast Wisconsin Inc ($400k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $516k against liabilities of $0, net assets of $516k.