Health Care
(E65)
990 on File
LIFENET HEALTH
Financial strength (30%)
90/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$598.6M
Total Revenue
$580.5M
Total Expenses
$401.1M
Net Assets
1721
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.5%
Fundraising Efficiency
N/A
Operating Reserve
8.29x
Liability-to-Asset
38.4%
Revenue Diversification
98.2%
Executive Compensation
$6.5M
Compared with Peers
FY 2024
Compared with 938 similar organizations
(United States, Health Care, $100M and over in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.5% | 87.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.5% | 12.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.3 mo | 6.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
38.4% | 44.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.2% | 96.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
11.8% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.6% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.0% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $598.6M | $580.5M | $401.1M | 85.5% | 1721 |
| 2023 | $535.5M | $520.2M | $380.0M | 84.4% | 1680 |
| 2022 | $456.6M | $443.0M | $362.6M | 85.2% | 1574 |
| 2021 | $455.4M | $434.7M | N/A | — | 1330 |
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