Lifesavers Inc

Analysis

Lifesavers Inc is a registered charity in United States, based in Caliente, CA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Lifesavers Inc reported income of $3.1m and spending of $1.9m, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $3.1m (-3.6%), an average of -0.9% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 76% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lifesavers Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Humane Society of Harford County Inc ($3.1m), Coulee Region Humane Society Inc ($3.1m) and Colorado Zoological Trust Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $63k (3.4% of expenses). Other salaries and wages came to $399k. At year end it held assets of $6.6m against liabilities of $313k, net assets of $6.3m. It reported 17 employees.