Lifestriders Inc

Analysis

Lifestriders Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in April 2006, 20 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 December 2023, Lifestriders Inc reported income of $1.3m and spending of $1.0m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $791k to $1.3m (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifestriders Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Stronghold a Culturally Responsive Peer Support Program ($1.3m), Memory Care Home Solutions ($1.3m) and Childrens Advocacy Center of Laredo Webb County ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $152k (15% of expenses). Other salaries and wages came to $313k. At year end it held assets of $3.5m against liabilities of $73k, net assets of $3.4m. It reported 11 employees.