Lifeshare Tissue Services Inc

Analysis

Lifeshare Tissue Services Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in June 2023, 3 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lifeshare Tissue Services Inc reported income of $8.5m and spending of $8.3m, spending 98% of its income. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifeshare Tissue Services Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include Ability Housing Inc ($8.5m), Cila Corporation ($8.5m) and Global Genes ($8.5m).

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 $3.9m against liabilities of $147k, net assets of $3.7m.