The Childrens Life-Saving Foundation

Analysis

The Childrens Life-Saving Foundation is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2023, The Childrens Life-Saving Foundation reported income of $815k and spending of $840k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $815k (+108%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Childrens Life-Saving Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Wenatchee Valley Tread ($814k), Charles Moore Arena Inc ($815k) and Washington County Agricultural Society ($814k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $112k (13% of expenses). At year end it held assets of $481k against liabilities of $500k, net assets of -$18k.