Gift of Life International Inc

Analysis

Gift of Life International Inc is a registered charity in United States, based in Fresh Meadows, NY. It received its IRS tax-exemption ruling in October 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gift of Life International Inc reported income of $2.4m and spending of $2.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $953k to $2.4m (+151%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 90% 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 International Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Kapayim Inc ($2.4m), Halfway House Services Inc ($2.4m) and Cancer Free Kids Pediatric Cancer Research Alliance ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $150k (5.9% of expenses). Other salaries and wages came to $19k. At year end it held assets of $1.3m against liabilities of $25k, net assets of $1.3m. It reported 2 employees.