Thank You Life

Analysis

Thank You Life is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 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, Thank You Life reported income of $378k and spending of $328k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $378k (+188%), an average of +188% a year. The sharpest change came in the year to December 2023, when income rose by 188%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thank You Life sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Keene Serenity Center Inc ($378k), Good Samaritan Health Services Foundation ($378k) and Delaware School Based Health Alliance Inc ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $115k (35% of expenses). At year end it held assets of $86k against liabilities of $0, net assets of $86k. It reported 3 employees.