Eric Paredes Save a Life Foundation a California Public Benefit Corp

Analysis

Eric Paredes Save a Life Foundation a California Public Benefit Corp is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in December 2010, 16 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 (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, Eric Paredes Save a Life Foundation a California Public Benefit Corp reported income of $149k and spending of $353k, spending 236% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $334k to $149k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 133% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eric Paredes Save a Life Foundation a California Public Benefit Corp sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Noah Adam Angelici Fetal Hope Foundation ($149k), Auxiliary of the Community Hospital of Anderson-Madison Co ($150k) and Discovery Counseling of Orlando Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $45k (13% of expenses). Other salaries and wages came to $100k. At year end it held assets of $1.2m against liabilities of $1,889, net assets of $1.2m. It reported 2 employees.