Lifecare Alliance

Analysis

Lifecare Alliance is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 1941, 85 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Lifecare Alliance reported income of $23.5m and spending of $22.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.5m to $23.5m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifecare Alliance sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Family and Childrens Association ($23.5m), Hoffmann Hospice of the Valley Inc ($23.6m) and East Harlem Council for Human Services Inc ($23.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $964k (4.2% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $47.4m against liabilities of $1.9m, net assets of $45.5m. It reported 350 employees.