Life Center Incorporated
Livonia, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
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 | $10,456,500↓7% | $10,568,854↑8% | $4,157,647↑9% | — |
| 2022 | $11,256,651↑11% | $9,793,447↓1% | $3,806,232↑7% | — |
| 2021 | $10,151,694↑6% | $9,931,704↑3% | $3,564,999↑55% | — |
| 2020 | $9,600,807↓14% | $9,637,845↓18% | $2,304,347↑1% | — |
| 2019 | $11,195,263↓17% | $11,733,009↓21% | $2,282,506↓1% | — |
| 2018 | $13,461,674↓7% | $14,904,085↓3% | $2,315,772↓40% | — |
| 2017 | $14,447,715↑62% | $15,331,748↑73% | $3,829,231↑227% | — |
| 2016 | $8,901,080↓9% | $8,866,470↓15% | $1,171,081↓5% | — |
| 2015 | $9,794,869↑24% | $10,449,908↑30% | $1,230,787↑5% | — |
| 2014 | $7,929,214↑7% | $8,007,631↑7% | $1,172,892↑2% | — |
| 2013 | $7,397,074↑5% | $7,497,192↑8% | $1,155,544↓3% | — |
| 2012 | $7,042,927↑12% | $6,929,393↑7% | $1,196,682↑15% | — |
| 2011 | $6,309,527 | $6,472,349 | $1,043,483 | — |
Frequently Asked Questions
What does Life Center Incorporated do?▼
Life Center Incorporated is a human services nonprofit organization based in Michigan. It is classified under NTEE code P73Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Life Center Incorporated financially healthy?▼
Based on our 9-metric Financial Health Score model, Life Center Incorporated has a score of 53/100 (Grade: B-). 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 Life Center Incorporated generate?▼
Life Center Incorporated reports $12.8M in annual revenue and holds $5.3M in total assets, based on IRS filings.
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