Priests for Life

Analysis

Priests for Life is a registered charity in United States, based in Titusville, FL. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Priests for Life reported income of $11.2m and spending of $11.1m, spending 99% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $10.6m to $11.2m (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Priests for Life sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Rivertree Academy Inc ($11.1m), Boys and Girls Clubs of Tampa Bay Inc ($11.3m) and Camp Fire ($11.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $878k (7.9% of expenses). Other salaries and wages came to $1.5m. It paid $210k in professional fundraising fees. At year end it held assets of $8.3m against liabilities of $685k, net assets of $7.7m. It reported 39 employees.