E โ€” Health CareEIN: 050493219ยท 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

๐Ÿ’ฐ
$694K
Total Revenue
๐Ÿ“Š
$3.3M
Total Expenses
๐Ÿฆ
$12.4M
Net Assets
๐Ÿ“‹
$15K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+117.8%
Year-over-year change (2022 โ†’ 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$694,330โ†‘118%$3,252,639โ†‘80%$12,434,369โ†“15%
2022$318,806โ†“97%$1,808,534โ†‘425%$14,665,560โ†“13%
2021$10,721,254โ†‘1714%$344,776โ†“22%$16,900,546โ†‘193%
2020$590,944โ†‘66%$439,488โ†‘47%$5,760,923โ†‘7%
2019$355,765$298,560โ†‘9%$5,409,181โ†“1%
2018$355,688โ†“15%$272,972โ†‘48%$5,458,171โ†‘1%
2017$418,030โ†‘186%$184,299โ†“21%$5,404,469โ†‘8%
2016$146,159โ†“54%$233,576โ†“21%$5,013,026โ†‘1%
2015$319,155โ†‘37%$294,928โ†‘103%$4,939,087โ†“15%
2014$233,716โ†“52%$145,458โ†“88%$5,814,187โ†‘5%
2013$489,350โ†“11%$1,226,574โ†‘333%$5,553,935โ†“10%
2012$547,845โ†‘26%$283,400โ†‘23%$6,170,447โ†‘8%
2011$434,956$230,450$5,701,736

Frequently Asked Questions

What does Lifespan Foundation do?โ–ผ

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?โ–ผ

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?โ–ผ

Lifespan Foundation reports $983K in annual revenue and holds $12.3M in total assets, based on IRS filings.

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Lifespan Foundation โ€” Providence, RI | GiveScope