Gift of Life Foundation

Analysis

Gift of Life Foundation is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in May 1989, 37 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 Foundation reported income of $4.1m and spending of $3.5m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $4.1m (+205%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 110% 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 Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Mid Coast Medical Clinic ($4.1m), Community Medical Clinic of Kershaw County ($4.1m) and Mobile C a R E Foundation ($4.1m).

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 $138k (3.9% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $2.6m against liabilities of $1.2m, net assets of $1.4m. It reported 39 employees.