Life Sciences Trainers & Educators

Analysis

Life Sciences Trainers & Educators is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in September 2006, 20 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, Life Sciences Trainers & Educators reported income of $3.7m and spending of $3.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.7m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life Sciences Trainers & Educators sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Ossian Senior Hospice Incorporated ($3.7m), The Leonard and Madlyn Abramson Family Cancer Research Institute ($3.7m) and Hospital for Consumptives of Maryland ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $335k (9.2% of expenses). Other salaries and wages came to $418k. At year end it held assets of $4.9m against liabilities of $1.2m, net assets of $3.7m. It reported 5 employees.