Lifecare Inc
Kalamazoo, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $25,848,170↓6% | $26,821,149↑5% | $61,185,882↑1% | — |
| 2022 | $27,431,329↑13% | $25,521,935↑2% | $60,766,644↑1% | — |
| 2021 | $24,179,280↑3% | $24,966,816↑2% | $60,292,330↑5% | — |
| 2020 | $23,452,964↑6% | $24,535,850↑6% | $57,228,184↑4% | — |
| 2019 | $22,113,234↑11% | $23,108,380↑9% | $55,152,071↑14% | — |
| 2018 | $19,989,344↑5% | $21,207,318↑8% | $48,451,781↑4% | — |
| 2017 | $19,085,623↑8% | $19,556,373↑6% | $46,421,554↑8% | — |
| 2016 | $17,725,282↑7% | $18,390,117↑13% | $42,801,806↓4% | — |
| 2015 | $16,523,071↑1% | $16,331,120↑4% | $44,493,961↓1% | — |
| 2014 | $16,364,182↑1% | $15,684,274↑1% | $44,734,979↑47% | — |
| 2013 | $16,230,429↑5% | $15,468,511↑4% | $30,360,479↑4% | — |
| 2012 | $15,458,761↓2% | $14,909,385↑3% | $29,294,404↑5% | — |
| 2011 | $15,697,163 | $14,502,399 | $28,009,039 | — |
Frequently Asked Questions
What does Lifecare Inc do?▼
Lifecare Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lifecare Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Lifecare Inc has a score of 39/100 (Grade: C). 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 Lifecare Inc generate?▼
Lifecare Inc reports $27.2M in annual revenue and holds $63.1M in total assets, based on IRS filings.
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