Lifeshare Blood Centers Foundation

Analysis

Lifeshare Blood Centers Foundation is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lifeshare Blood Centers Foundation reported income of $236k and spending of $106k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $767k to $236k (-69%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 12% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifeshare Blood Centers Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include NMF Housing III ($236k), Wiedemann-Steiner Syndrome Foundation ($236k) and Big Silence Foundation Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% of the total. At year end it held assets of $11.0m against liabilities of $0, net assets of $11.0m.