Athletes for Life Foundation

Analysis

Athletes for Life Foundation is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Athletes for Life Foundation reported income of $1.7m and spending of $1.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $1.7m (+569%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 621%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Athletes for Life Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include National Collegiate Honors Council Inc ($1.7m), P C Workshop Inc ($1.7m) and Ponte Vedra-Palm Valley Athletic As ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $42k (2.8% of expenses). Other salaries and wages came to $642k. At year end it held assets of $108k against liabilities of $611k, net assets of -$502k. It reported 10 employees.