Movement Is Life Inc

Analysis

Movement Is Life Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 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 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, Movement Is Life Inc reported income of $94k and spending of $2.0m, spending 2152% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $6.0m to $94k (-98%), an average of -98% a year. The sharpest change came in the year to December 2023, when income dropped by 98%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Movement Is Life Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Torrance Lomita Alano Club Inc ($94k), A Noble Journey Inc ($94k) and Small Miracles ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $2.7m against liabilities of $214k, net assets of $2.4m.