Lifetime Wells Vision

Analysis

Lifetime Wells Vision is a registered charity in United States, based in Denton, MD. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lifetime Wells Vision reported income of $510k and spending of $530k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $127k to $510k (+302%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 196%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lifetime Wells Vision sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Sustainable Economic and Educational Development Society ($510k), Cherry Avenue Foundation ($511k) and Pope Francis School and Health Centre Inc ($510k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.