Lifeplan

Analysis

Lifeplan is a registered charity in United States, based in Niles, MI. It received its IRS tax-exemption ruling in October 1988, 38 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 June 2023, Lifeplan reported income of $262k and spending of $196k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $210k to $262k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifeplan sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Mac Parkman Foundation for Adolescent Concussive Trauma Inc ($262k), Color of Autism Foundation Incorporated ($262k) and Dupuytren Research Group Inc ($262k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $32k (16% of expenses). Other salaries and wages came to $74k. At year end it held assets of $311k against liabilities of $73k, net assets of $238k. It reported 11 employees.