Lifes Angels Inc

Analysis

Lifes Angels Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Lifes Angels Inc reported income of $160k and spending of $162k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $164k to $160k (-2.1%), an average of -2.1% a year. Over the whole period it spent 117% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifes Angels Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Pmah Ohana Medical Missions Inc ($160k), Halifax Healthy Families Corporation ($160k) and Willing Helpers Medical Inc ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.