Lifescape Foundation

Analysis

Lifescape Foundation is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lifescape Foundation reported income of $5.8m and spending of $7.2m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $5.8m (+2.4%), an average of +0.6% a year. The sharpest change came in the year to June 2021, when income rose by 564%. Over the whole period it spent 35% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifescape 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 93rd percentile, and in the 92nd percentile within SD. Charities of a similar size with the same main cause include John 3 16 Ministries Inc ($5.8m), Froedtert Memorial Lutheran Hospital Trust ($5.8m) and Dawn Incorporated ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% of the total. Compensation of current officers, directors and key employees was $164k (2.3% of expenses). Other salaries and wages came to $473k. At year end it held assets of $116.8m against liabilities of $1.5m, net assets of $115.3m. It reported 9 employees.