Lifescape

Analysis

Lifescape is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in June 2015, 11 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 reported income of $4.9m and spending of $4.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $4.9m (+16%), an average of +3.8% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifescape sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within SD. Charities of a similar size with the same main cause include Fraternal Order of Eagles Foundation ($4.9m), Hamilton Emergency Medical Services Inc ($4.9m) and Racing for Recovery ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $583k (12% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $369k against liabilities of $769k, net assets of -$400k. It reported 73 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.