Lifeskills Residential Development Inc

Analysis

Lifeskills Residential Development Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover mental health and crisis intervention, 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, Lifeskills Residential Development Inc reported income of $62k and spending of $51k, spending 82% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $59k to $62k (+5.3%), an average of +5.3% a year. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifeskills Residential Development Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within KY. Charities of a similar size with the same main cause include Celesterling Foundation ($62k), Wright Foundation for Pediatric Ophthalmology and Strabismus ($62k) and Lions Twin State Soccer Association Inc ($62k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $151k against liabilities of $169k, net assets of -$18k.