Fortified Life Inc

Analysis

Fortified Life Inc is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fortified Life Inc reported income of $833k and spending of $481k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $328k to $833k (+154%), an average of +59% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fortified Life Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include Pink the Basin ($833k), International Society for Cerebral Blood Flow and Metabolism Inc ($834k) and NCH Healthcare Systems Inc ($833k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $224k. At year end it held assets of $3.7m against liabilities of $3.4m, net assets of $293k.