Lifespan Resources Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Lifespan Resources Inc is a 501(c)(3) organization based in New Albany, Indiana, registered in 1975, with $7,811,506 in FY2024 revenue. CharityIndex grades it C+.
33 State St Ste 308, New Albany, IN, 47150 EIN 35-1306887 Since 1975
Revenue (FY2024)
$7.8M
▼ 22.8% vs prior year
Expenses (FY2024)
$8.6M
Net assets
$10.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Lifespan Resources Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating15 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 Lifespan Resources Inc: 15 mo reserves · -10% margin earns a C+ 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 Lifespan Resources 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 Lifespan Resources Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 33 State St Ste 308, New Albany, IN, 47150
- City
- New Albany
- State
- Indiana
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $7.7M (FY2019) to $7.8M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.3MNet assets $10.8M
Operating margin
-10.3%
Spent more than it raised in the latest fiscal year.
Total assets
$13.1M
Total liabilities
$2.3M
Net assets
$10.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,811,506▼22.8% | $8,612,364▲5.7% | $10,783,620▼4.4% | $13,088,110▼4.4% | 990 |
| 2023 | $10,114,148▲23.0% | $8,144,166▲10.3% | $11,279,559▲25.6% | $13,697,382▲21.8% | 990 |
| 2022 | $8,221,166▲4.8% | $7,382,792▲8.1% | $8,980,834▲11.9% | $11,246,624▲33.6% | 990 |
| 2021 | $7,845,387▼9.7% | $6,828,478▼0.7% | $8,028,262▲5.4% | $8,415,807▲5.7% | 990 |
| 2020 | $8,691,799▲13.5% | $6,876,093▲0.9% | $7,618,730▲41.3% | $7,964,279▲22.0% | 990 |
| 2019 | $7,657,290 | $6,816,420 | $5,390,332 | $6,530,193 | 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 · $165K total
12 grants to Lifespan Resources Inc totaling $165K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of Southern Indiana Inc | To further the exempt purpose of the organization | 2024 | $5,300 |
| Charities Aid Foundation America | Charitable donation | 2023 | $45,000 |
| Community Foundation of Southern Indiana Inc | Capacity building grant | 2022 | $25,800 |
| Central Indiana Community Foundation Inc | Community relief fund grant | 2022 | $7,500 |
| Central Indiana Community Foundation Inc | Community relief fund grant | 2021 | $9,500 |
| Community Foundation of Southern Indiana Inc | General support through vino & voices gala | 2021 | $5,250 |
| Central Indiana Community Foundation Inc | Charitable contribution | 2020 | $7,050 |
| Community Foundation of Southern Indiana Inc | Covid-19 response grant; matching funds for lift-equipped vehicles | 2019 | $15,200 |
| Central Indiana Community Foundation Inc | Charitable contribution | 2019 | $7,500 |
| Community Foundation of Southern Indiana Inc | Lift equipped vehicle | 2018 | $5,625 |
| Columbus Foundation | Social services | 2016 | $5,000 |
| Community Foundation of Southern Indiana Inc | General support, meals on wheels, lift-equipped vehicle | 2015 | $25,830 |
Frequently asked questions
- Is Lifespan Resources Inc a legitimate nonprofit?
- Yes. Lifespan Resources Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1306887, based in New Albany, Indiana. Donations are tax-deductible.
- What is Lifespan Resources Inc's EIN?
- Lifespan Resources Inc's Employer Identification Number (EIN) is 35-1306887.
- How much revenue does Lifespan Resources Inc report?
- Lifespan Resources Inc reported $7,811,506 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lifespan Resources Inc have?
- CharityIndex grades Lifespan Resources Inc C+, based on financial health (reserves and operating margin).
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Data for Lifespan Resources Inc (EIN 35-1306887) 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.