Lifepath Systems Foundation

Analysis

Lifepath Systems Foundation is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in March 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Lifepath Systems Foundation reported income of $138k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income fell from $150k to $138k (-8.4%), an average of -8.4% a year. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifepath Systems Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Fort Lee Volunteer Ambulance Corps ($138k), Multiple District 22 Lions Vision Research Foundation Inc ($138k) and Down Syndrome Foundation of Orange County ($138k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $190k against liabilities of $8,259, net assets of $181k.