Principles to Live by Inc

Analysis

Principles to Live by Inc is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Principles to Live by Inc reported income of $280k and spending of $266k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $307k to $280k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Principles to Live by 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 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Church 21 Inc ($280k), Endowment Foundation for Outreach and Witness ($280k) and Little Big Things ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $167k. At year end it held assets of $62k against liabilities of $0, net assets of $62k. It reported 5 employees.