Friends of Lifelong Medical Care

Analysis

Friends of Lifelong Medical Care is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. 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 June 2023, Friends of Lifelong Medical Care reported income of $799k and spending of $2.0m, spending 253% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $318k to $799k (+151%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 1589%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Lifelong Medical Care sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Westchester Parents Nursery School ($799k), Southside Survivor Response Center Inc ($799k) and Pacific Northwest Chapter of the International Society of Arboricul ($799k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $27.3m against liabilities of $24.8m, net assets of $2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.