Gift of Life Foundation

Analysis

Gift of Life Foundation is a registered charity in United States, based in Hugo, CO. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Gift of Life Foundation reported income of $59k and spending of $3,800, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $59k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gift of Life Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within CO. Charities of a similar size with the same main cause include Go Be Great Foundation Non-Profit Corporation ($59k), Cy-Fair Ffa Booster Club ($59k) and Chop4change ($59k).

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 $498k against liabilities of $301k, net assets of $196k.