Sav-A-Life Troy Inc

Analysis

Sav-A-Life Troy Inc is a registered charity in United States, based in Troy, AL. It received its IRS tax-exemption ruling in September 1989, 37 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 Troy Inc reported income of $306k and spending of $173k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $207k to $306k (+48%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 192%. Over the whole period it spent 41% 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 Troy Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AL. Charities of a similar size with the same main cause include Senior Citizens of Lincoln County ($306k), Norwalk Arts Center LLC ($306k) and Luesther T Mertz Legacy TR for the Public Theater ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Other salaries and wages came to $114k. At year end it held assets of $897k against liabilities of $3,807, net assets of $893k. It reported 6 employees.