Operation Lifesaver Inc

Analysis

Operation Lifesaver Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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 December 2023, Operation Lifesaver Inc reported income of $2.8m and spending of $2.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.8m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Operation Lifesaver Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 72nd percentile within DC. Charities of a similar size with the same main cause include Special Olympics Rhode Island Inc ($2.8m), Future Farmers of America and Its State Associations & Local Chapter ($2.8m) and Northwest Wisconsin Workforce Investment Board Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $362k (14% of expenses). Other salaries and wages came to $172k. At year end it held assets of $1.8m against liabilities of $189k, net assets of $1.6m. It reported 4 employees.