Lifeskills Health Services Inc

Analysis

Lifeskills Health Services Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in November 2018, 8 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lifeskills Health Services Inc reported income of $19.3m and spending of $18.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $19.3m (+137%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 104%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifeskills Health Services 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 97th percentile, and in the 96th percentile within KY. Charities of a similar size with the same main cause include Bluestone Health Association Inc ($19.3m), Quest Inc ($19.3m) and Augustana Mount Olivet Hospice Care LLC ($19.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $13.5m. At year end it held assets of $5.1m against liabilities of $1.4m, net assets of $3.7m. It reported 639 employees.