PHuman ServicesEIN: 382067110· Ruling Year: 1974

Lifecare Inc

Kalamazoo, Michigan

CHealth Score
39C

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)

This Org0.07×
Peer Median7.39×
💰
$25.8M
Total Revenue
📊
$26.8M
Total Expenses
🏦
$1.8M
Net Assets
📋
$59.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.8%
Year-over-year change (2022 → 2023)
Net Margin
-3.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.07
Net assets divided by total expenses
Liabilities-to-Assets
97.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$25,848,1706%$26,821,1495%$61,185,8821%
2022$27,431,32913%$25,521,9352%$60,766,6441%
2021$24,179,2803%$24,966,8162%$60,292,3305%
2020$23,452,9646%$24,535,8506%$57,228,1844%
2019$22,113,23411%$23,108,3809%$55,152,07114%
2018$19,989,3445%$21,207,3188%$48,451,7814%
2017$19,085,6238%$19,556,3736%$46,421,5548%
2016$17,725,2827%$18,390,11713%$42,801,8064%
2015$16,523,0711%$16,331,1204%$44,493,9611%
2014$16,364,1821%$15,684,2741%$44,734,97947%
2013$16,230,4295%$15,468,5114%$30,360,4794%
2012$15,458,7612%$14,909,3853%$29,294,4045%
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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Lifecare Inc — Kalamazoo, MI | GiveScope