Lifes Energy Wellness Center

Analysis

Lifes Energy Wellness Center is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in April 2017, 9 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 December 2023, Lifes Energy Wellness Center reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $491k to $1.4m (+186%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifes Energy Wellness Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include St Vincent Infirmary Development Foundation ($1.4m), Reach Cny Inc ($1.4m) and Quality Care Health Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $223k (17% of expenses). Other salaries and wages came to $648k. At year end it held assets of $82k against liabilities of $71k, net assets of $11k. It reported 43 employees.