Life Services of Spokane

Analysis

Life Services of Spokane is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in May 1995, 31 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, Life Services of Spokane reported income of $1.3m and spending of $1.5m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $907k to $1.3m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life Services of Spokane sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Arroyo Grande Community Hospital Foundation ($1.3m), CHR Captial Inc ($1.3m) and National Pku Alliance Inc ($1.3m).

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 $85k (5.8% of expenses). Other salaries and wages came to $692k. At year end it held assets of $1.8m against liabilities of $54k, net assets of $1.7m. It reported 34 employees.