Memphis Coalition for Life
Analysis
Memphis Coalition for Life is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2018, 8 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, Memphis Coalition for Life reported income of $145k and spending of $195k, spending 135% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $193k to $145k (-25%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Memphis Coalition for Life sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Accord Inc ($145k), Spearfish Community Pantry ($145k) and Breaking Barriers Foundation ($145k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Other 9.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Accord Inc | Lakewood | $145k |
| Spearfish Community Pantry | Spearfish | $145k |
| Breaking Barriers Foundation | Temperance | $145k |
| Dwelling Place of Vermilion County | Danville | $145k |