Lifecenter Northwest

Analysis

Lifecenter Northwest is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in October 1996, 30 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, Lifecenter Northwest reported income of $79.4m and spending of $72.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $44.0m to $79.4m (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifecenter Northwest sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Olathe Health Physicians Inc ($79.3m), Menorah Home & Hospital for the Aged & Infirm ($79.5m) and Mountain View Cancer Associates Inc ($79.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $966k (1.3% of expenses). Other salaries and wages came to $25.4m. At year end it held assets of $50.0m against liabilities of $13.1m, net assets of $37.0m. It reported 417 employees.