Lifestyle Research Network Inc

Analysis

Lifestyle Research Network Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2021, 5 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 December 2023, Lifestyle Research Network Inc reported income of $257k and spending of $172k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $286k to $257k (-9.9%), an average of -5.1% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifestyle Research Network Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 33rd percentile within DC. Charities of a similar size with the same main cause include Yoga Moves Ms ($257k), Ann Arbor Community Acupuncture Project ($257k) and Brooklyn Queens Long Island Ahec West One Pierrepont Plaza 12th FL ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (52% of expenses). At year end it held assets of $224k against liabilities of $1,325, net assets of $223k. It reported 1 employees.