Lifenets International Inc

Analysis

Lifenets International Inc is a registered charity in United States, based in Whitestown, IN. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lifenets International Inc reported income of $431k and spending of $410k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $431k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lifenets International Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Ouelessebougou Alliance ($431k), Shamsaha Womens Center Corp ($431k) and Give US Wings ($431k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $32k (7.7% of expenses). At year end it held assets of $502k against liabilities of $0, net assets of $502k.