Sav-A-Life Inc

Analysis

Sav-A-Life Inc is a registered charity in United States, based in Anniston, AL. It received its IRS tax-exemption ruling in March 1984, 42 years ago. 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, Sav-A-Life Inc reported income of $500k and spending of $314k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $500k (+112%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sav-A-Life Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within AL. Charities of a similar size with the same main cause include Helen Kate Furness Free Library ($500k), Vietnam and All Veterans of Brevard Inc ($500k) and PTA New York Congress ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $160k. At year end it held assets of $610k against liabilities of $43k, net assets of $567k. It reported 8 employees.