Lifeworks at Wku

Analysis

Lifeworks at Wku is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in February 2020, 6 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 June 2024, Lifeworks at Wku reported income of $1.4m and spending of $1.1m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $6.0m to $1.4m (-77%), an average of -30% a year. The sharpest change came in the year to June 2023, when income rose by 215%. Over the whole period it spent 34% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifeworks at Wku 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 83rd percentile within KY. Charities of a similar size with the same main cause include ALS United Rocky Mountain ($1.4m), Interior Region Emergency Medical Services Council Inc ($1.4m) and Akron-Urban Minority Alcoholism Drug Abuse Outreach Program Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 31% of the total. Other salaries and wages came to $627k. At year end it held assets of $6.5m against liabilities of $17k, net assets of $6.5m.