Sav-A-Life Inc

Analysis

Sav-A-Life Inc is a registered charity in United States, based in Vestavia HLS, AL. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 $1.1m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $767k to $1.1m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sav-A-Life Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Pack People of Action Caring for Kids ($1.1m), Marshall County Assn for Exceptional Children Inc ($1.1m) and Recovery Connections of Central Florida Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $82k (7.4% of expenses). Other salaries and wages came to $458k. At year end it held assets of $1.3m against liabilities of $177k, net assets of $1.1m. It reported 21 employees.