Lifelink Foundation Inc

Analysis

Lifelink Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lifelink Foundation Inc reported income of $157.2m and spending of $141.5m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $123.6m to $157.2m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifelink Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Family Residences and Essential Enterprises Inc ($157.1m), Cedars-Sinai Marina Hospital ($157.5m) and Mountain Park Health Center ($156.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $4.1m (2.9% of expenses). Other salaries and wages came to $47.8m. At year end it held assets of $269.3m against liabilities of $39.8m, net assets of $229.5m. It reported 751 employees.