Lifeways Inc

Analysis

Lifeways Inc is a registered charity in United States, based in McKees Rocks, PA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lifeways Inc reported income of $68k and spending of $130k, spending 193% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $890k to $68k (-92%), an average of -48% a year. The sharpest change came in the year to June 2022, when income rose by 687%. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifeways Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include JC Meredith Ministries ($68k), Santa Tim ($68k) and Warrior Rizen Foundation ($68k).

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 $21k (16% of expenses). Other salaries and wages came to $19k. At year end it held assets of $32k against liabilities of $148k, net assets of -$117k. It reported 14 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.