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Resolve to Save Lives Inc

RegisteredEIN 86-2254152Alexandria, VAHealth and saving lives
Income$49.3m2023-12
Spending$54.4msame year
Spent / received45%3-year average
Size in its cause93rd pctHealth and saving lives
Exempt since2021Publicly supported organisat
Employees96latest return

Analysis

Resolve to Save Lives Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in August 2021, 5 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, Resolve to Save Lives Inc reported income of $49.3m and spending of $54.4m, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $3.2m to $49.3m (+1421%), an average of +290% a year. The sharpest change came in the year to December 2022, when income rose by 5166%. Over the whole period it spent 45% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Resolve to Save Lives Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Baptist Memorial Hospital Union City Inc ($49.3m), Health and Life Organization Inc ($49.4m) and Henry Ford Cornerstone Medical Group ($49.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $2.1m (3.9% of expenses). Other salaries and wages came to $9.8m. It paid $641 in professional fundraising fees. At year end it held assets of $136.3m against liabilities of $12.1m, net assets of $124.2m. It reported 96 employees.

Income and spending

$0$42.7m$85.3m$128.0m$170.6m2021 Income: $3,240,5212021 Spending: $613,72120212022 Income: $170,632,9222022 Spending: $44,437,31420222023 Income: $49,297,6962023 Spending: $54,390,1272023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Other 7.6%

Similar-sized charities, same cause

CharityLocationIncome
Baptist Memorial Hospital Union City IncUnion City$49.3m
Health and Life Organization IncSacramento$49.4m
Henry Ford Cornerstone Medical GroupDetroit$49.2m
Natchaug Hospital IncMansfield Ctr$49.4m