Life You Can Save
- Assets
- $5.3m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Sequim, WA
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 46-2100400
Organization Overview
Life You Can Save is located in Sequim, WA. The organization was established in 2013. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Life You Can Save employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life You Can Save is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Life You Can Save generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 48.2% each year . All expenses for the organization totaled $6.1m during the year ending 12/2021. While expenses have increased by 55.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Life You Can Save has awarded 43 individual grants totaling $6,499,353. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AT THE LIFE YOU CAN SAVE, WE MAKE SMART GIVING SIMPLE BY RECOMMENDING CHARITIES THAT SAVE OR IMPROVE THE MOST LIVES PER DOLLAR AND MAKING IT EASY FOR DONORS TO SUPPORT THOSE CHARITIES. CONTINUED ON SCHEDULE O...
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISING FUNDS FOR EFFECTIVE CHARITIES: IN 2021, WE DIRECTLY PROCESSED US$5.200,000 FOR OUR RECOMMENDED CHARITIES AS AGENCY FUNDS. IN ADDITION TO DONATIONS DIRECTLY PROCESSED BY OUR ORGANIZATION, WE INSPIRED DONORS TO GIVE LARGE AMOUNTS EITHER DIRECTLY TO OUR RECOMMENDED CHARITIES THEMSELVES OR THROUGH OTHER MISSION-ALIGNED ORGANIZATIONS. GLOBALLY WE ESTIMATE THAT WE EITHER DIRECTLY RAISED OR INSPIRED US$22.7 MILLION IN DONATIONS TO EFFECTIVE CHARITIES (OUR TOTAL MONEY MOVED METRIC). AND, OVER THE LAST THREE YEARS, WE HAVE BEEN ABLE TO RAISE AN AVERAGE OF US$18 FOR OUR RECOMMENDED CHARITIES FOR EVERY US$1 SPENT ON OUR OWN OPERATIONS.
PROMOTING THE IDEA OF EFFECTIVE GIVING: IN ADDITION TO GENERATING SUPPORT FOR OUR RECOMMENDED CHARITIES, WE WORK TO POPULARIZE THE IDEA OF EFFECTIVE GIVING AND INSPIRE MORE PEOPLE TO MAKE SMART DONATION DECISIONS WITH OUR FREE INFORMATIONAL TOOLS AND RESOURCES MOST IMPORTANTLY, OUR FOUNDER PETER SINGERS BOOK THE LIFE YOU CAN SAVE. IN 2021, WE DISTRIBUTED 46,000 COPIES OF THE LIFE YOU CAN SAVE IN COMPLETE AND ABRIDGED FORMATS INCLUDING A CELEBRITY-READ AUDIOBOOK AND A PODCAST ALL FOR FREE WHENEVER POSSIBLE. IN 2021, THOUSANDS OF PEOPLE TOOK ADVANTAGE OF THE FREE GIVING TOOLS HOSTED ON OUR WEBSITE SUCH AS OUR IMPACT CALCULATOR, WHICH ALLOWS POTENTIAL DONORS TO VISUALIZE THE IMPACT THAT THEIR DONATIONS TO OUR RECOMMENDED CHARITIES WILL HAVE, AND OUR PLEDGE CALCULATOR, WHICH RECOMMENDS REASONABLE ANNUAL PLEDGES BASED ON PRE-TAX ANNUAL INCOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Singer Presidenttreasurer | OfficerTrustee | 8 | $0 |
Neela Saldanha Secretary | OfficerTrustee | 4 | $0 |
Rickard Vikstrom Executive Director | Officer | 20 | $0 |
Charlie Bresler Director | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,271,955 |
| Noncash contributions included in lines 1a–1f | $312,503 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,271,955 |
| Total Program Service Revenue | $0 |
| Investment income | $4,502 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,634 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,278,091 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,197,486 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,020,283 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,293 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,039 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,978 |
| Fees for services: Accounting | $33,638 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $229,989 |
| Advertising and promotion | $414,457 |
| Office expenses | $13,773 |
| Information technology | $77,740 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $316 |
| Insurance | $0 |
| All other expenses | $11,264 |
| Total functional expenses | $6,068,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,836,460 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $397,476 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,587 |
| Investments—publicly traded securities | $40,248 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,276,771 |
| Accounts payable and accrued expenses | $2,853,982 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,853,982 |
| Net assets without donor restrictions | $2,331,544 |
| Net assets with donor restrictions | $91,245 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,276,771 |
Grants Awarded
Over the last fiscal year, Life You Can Save has awarded $4,193,827 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
San Jose, CA | | $473,418 |
Westborough, MA | | $403,594 |
San Carlos, CA | | $361,742 |
Kansas City, MO | | $297,868 |
New York, NY | | $297,803 |
New York, NY | | $278,828 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Life You Can Save has recieved totaling $2,131,412.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $1,199,014 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $421,167 |
Double Up Drive Inc Las Vegas, NV PURPOSE: Charitable Giving | $220,662 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $127,050 |
Bender West Foundation Greenwood, CO PURPOSE: ALL CHARITIES FUND | $50,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $44,019 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Increase Tigard, OR | $936,883 | $5,775,075 |
The Foraker Group Anchorage, AK | $6,070,531 | $7,451,192 |
Life You Can Save Sequim, WA | $5,276,771 | $7,278,091 |
Washington Charter School Development Inc Seattle, WA | $91,237,714 | $2,883,173 |
The Conservation Alliance Bend, OR | $7,750,898 | $3,428,997 |
Riverpsykhe Inc Kirkland, WA | $3,092,531 | $940,714 |
Children Of The Setting Sun Productions Bellingham, WA | $752,376 | $1,398,162 |
Historic Everett Theatre Preservation Society Everett, WA | $73,947 | $775,689 |
Dave And Wendy Morgan Foundation Snohomish, WA | $4,129,982 | $3,963,255 |
Lamb Weston Charitable Foundation Eagle, ID | $7,000,922 | $10,181 |
Keller Foundation Vancouver, WA | $5,698,972 | $1,225,617 |
Society Of St Vincent De Paul District Council Of The Columbia Brush Prairie, WA | $67,927 | $0 |