Lifespan Research Institution

Analysis

Lifespan Research Institution is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover medical research, 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 2022, Lifespan Research Institution reported income of $1.3m and spending of $7.6m, spending 577% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.7m to $1.3m (-51%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 655%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifespan Research Institution 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 83rd percentile within CA. Charities of a similar size with the same main cause include Salt Lake Donated Dental Services ($1.3m), Wayne County Ambulance Service ($1.3m) and Healthy Moms and Babes Inc ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 92% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $208k (2.7% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $22.6m against liabilities of $2.9m, net assets of $19.7m. It reported 51 employees.