Living Services Foundation

Analysis

Living Services Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Living Services Foundation reported income of $5.5m and spending of $4.8m, spending 87% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $6.1m to $5.5m (-9.6%), an average of -3.3% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Living Services Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Crawford County Shared Health Servi ($5.5m), Practice Greenhealth ($5.5m) and Mariners Inn ($5.5m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $401k (8.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $9.7m against liabilities of $12.0m, net assets of -$2.3m. It reported 113 employees.