Lifespan Extension Advocacy Foundation Inc

Analysis

Lifespan Extension Advocacy Foundation Inc is a registered charity in United States, based in Seaford, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover medical research, 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 December 2023, Lifespan Extension Advocacy Foundation Inc reported income of $924k and spending of $1.3m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $572k to $924k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifespan Extension Advocacy Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Fairview Home Inc ($924k), Clark Retirement Community Foundation ($924k) and New Mexico Council on Problem Gambling ($923k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $234k (18% of expenses). Other salaries and wages came to $47k. At year end it held assets of $737k against liabilities of $93k, net assets of $644k. It reported 2 employees.