Strength for Life Foundation

Analysis

Strength for Life Foundation is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in April 2018, 8 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, Strength for Life Foundation reported income of $86k and spending of $91k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $86k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Strength for Life Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Addicts Fighting Back ($86k), Angies Angels Foundation ($86k) and International Neurosurgery Education and Research Foundation ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $40k against liabilities of $897, net assets of $39k.