L I F E Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
L I F E Inc is a 501(c)(3) organization based in Baltimore, Maryland, registered in 1983, with $16,476,667 in FY2024 revenue. CharityIndex grades it B.
2822 Hollins Ferry Rd, Baltimore, MD, 21230 EIN 52-1297022 Since 1983
Revenue (FY2024)
$16.5M
▲ 14.1% vs prior year
Expenses (FY2024)
$14.8M
Net assets
$9.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for L I F E Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For L I F E Inc: 8 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for L I F E Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For L I F E Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $8.3M (FY2013) to $16.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.8MNet assets $9.5M
Operating margin
10.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.2M
Total liabilities
$2.8M
Net assets
$9.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,476,667▲14.1% | $14,751,727▲15.9% | $9,478,244▲18.4% | $12,232,019▲11.8% | 990 |
| 2023 | $14,438,277▲19.5% | $12,727,505▲12.9% | $8,007,886▲39.6% | $10,945,358▲31.3% | 990 |
| 2022 | $12,086,224▲11.0% | $11,272,341▲4.5% | $5,736,034▲16.3% | $8,336,200▲17.0% | 990 |
| 2021 | $10,887,103▼2.7% | $10,782,183▲19.5% | $4,932,136▲2.2% | $7,124,708▲1.5% | 990 |
| 2020 | $11,188,719▲21.2% | $9,023,010▲0.7% | $4,827,216▲78.4% | $7,016,196▲13.8% | 990 |
| 2019 | $9,231,666▲9.2% | $8,963,000▲6.4% | $2,706,200▲11.0% | $6,166,677▲15.6% | 990 |
| 2018 | $8,453,337▲4.9% | $8,425,309▲2.6% | $2,437,534▲1.2% | $5,332,692▲1.0% | 990 |
| 2017 | $8,059,168▲0.4% | $8,209,245▲3.1% | $2,409,506▼4.8% | $5,278,894▼0.3% | 990 |
| 2016 | $8,029,313▲0.2% | $7,965,945▼0.1% | $2,531,957▲1.4% | $5,293,977▲0.6% | 990 |
| 2015 | $8,012,407▼3.7% | $7,976,686▼3.3% | $2,496,215▲1.5% | $5,261,607▼5.4% | 990 |
| 2014 | $8,324,467▲0.4% | $8,247,048▼2.5% | $2,460,494▲3.2% | $5,563,245▼6.3% | 990 |
| 2013 | $8,289,384 | $8,461,779▼0.9% | $2,383,075▼6.7% | $5,938,536▼8.7% | 990 |
| 2012 | — | $8,541,801 | $2,555,470 | $6,503,081 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $5,500 total
1 grant to L I F E Inc totaling $5,500, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Programs | 2016 | $5,500 |
Frequently asked questions
- Is L I F E Inc a legitimate nonprofit?
- Yes. L I F E Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1297022, based in Baltimore, Maryland. Donations are tax-deductible.
- What is L I F E Inc's EIN?
- L I F E Inc's Employer Identification Number (EIN) is 52-1297022.
- How much revenue does L I F E Inc report?
- L I F E Inc reported $16,476,667 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does L I F E Inc have?
- CharityIndex grades L I F E Inc B, based on financial health (reserves and operating margin).
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Data for L I F E Inc (EIN 52-1297022) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.