Lifespan Incorporated

Analysis

Lifespan Incorporated is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in November 1955, 71 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Lifespan Incorporated reported income of $4.9m and spending of $3.7m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $4.9m (+20%), an average of +4.7% a year. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifespan Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Catholic Charities of Jackson Lenawee and Hillsdale Counties ($4.9m), Northwest Arkansas Childrens Shelter Inc ($5.0m) and Hospice Service of Lake County ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $6.8m against liabilities of $2.0m, net assets of $4.9m. It reported 66 employees.