Lifespring Pregnancy Centers

Analysis

Lifespring Pregnancy Centers is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in April 1984, 42 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, Lifespring Pregnancy Centers reported income of $897k and spending of $936k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $964k to $897k (-7.0%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifespring Pregnancy Centers 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 78th percentile within VA. Charities of a similar size with the same main cause include Alliance Family Services ($897k), Pregnancy Care Center of Rocky Mount Inc ($897k) and PM Hospital Foundation ($897k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (9.0% of expenses). Other salaries and wages came to $367k. At year end it held assets of $483k against liabilities of $39k, net assets of $444k. It reported 12 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.