Charity Search / LIFENET HEALTH
Health Care (E65) 990 on File

LIFENET HEALTH

EIN: 52-1273592 · VIRGINIA BCH, VA 23453-1903 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 90/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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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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Organization Details
EIN
52-1273592
State
VA
City
VIRGINIA BCH
ZIP
23453-1903
Classification
E65
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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