E — Health CareEIN: 050493219· Ruling Year: 1998

Lifespan Foundation

Providence, Rhode Island

BHealth Score
62B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.82×
Peer Median29.34×
💰
$694K
Total Revenue
📊
$3.3M
Total Expenses
🏦
$12.4M
Net Assets
📋
$15K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+117.8%
Year-over-year change (2022 → 2023)
Net Margin
-368.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.82
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$694,330↑118%$3,252,639↑80%$12,434,369↓15%
2022$318,806↓97%$1,808,534↑425%$14,665,560↓13%
2021$10,721,254↑1714%$344,776↓22%$16,900,546↑193%
2020$590,944↑66%$439,488↑47%$5,760,923↑7%
2019$355,765$298,560↑9%$5,409,181↓1%
2018$355,688↓15%$272,972↑48%$5,458,171↑1%
2017$418,030↑186%$184,299↓21%$5,404,469↑8%
2016$146,159↓54%$233,576↓21%$5,013,026↑1%
2015$319,155↑37%$294,928↑103%$4,939,087↓15%
2014$233,716↓52%$145,458↓88%$5,814,187↑5%
2013$489,350↓11%$1,226,574↑333%$5,553,935↓10%
2012$547,845↑26%$283,400↑23%$6,170,447↑8%
2011$434,956$230,450$5,701,736

Frequently Asked Questions

What does Lifespan Foundation do?▼

Lifespan Foundation is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lifespan Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Lifespan Foundation has a score of 62/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Lifespan Foundation generate?▼

Lifespan Foundation reports $1.0M in annual revenue and holds $11.7M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Health Care category, or browse all nonprofits in Rhode Island.