Lifesigns Now

Analysis

Lifesigns Now is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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 June 2023, Lifesigns Now reported income of $3.7m and spending of $3.4m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.7m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lifesigns Now sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Aurora School Inc ($3.7m), Pittsboro Volunteer Fire and Rescue Department Inc ($3.7m) and Hays County Food Bank ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $56k (1.6% of expenses). Other salaries and wages came to $930k. At year end it held assets of $2.7m against liabilities of $801k, net assets of $1.9m.