Limbs for Life Foundation

Analysis

Limbs for Life Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Limbs for Life Foundation reported income of $938k and spending of $1.2m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $938k (-35%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 772%. Over the whole period it spent 123% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Limbs for Life Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within OK. Charities of a similar size with the same main cause include Abraham Lincoln Healthcare Foundation ($937k), Mansfield Township Ambulance Corps ($938k) and Plunum Health ($937k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $144k (12% of expenses). Other salaries and wages came to $272k. At year end it held assets of $14.0m against liabilities of $25k, net assets of $14.0m. It reported 7 employees.