CSCharityScored
39

Life Asset Inc

Human Services · Washington, District of Columbia

1640 Columbia Rd Nw, Washington, DC 20009-3602

EIN: 454737489· Founded: Feb 2013· 13 years active· Filing Year: 2023

Annual Revenue

$2.1M

Total Expenses

$1.3M

Total Assets

$9.4M

Program Spending

13%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$153K

11.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$467K

Total Payroll

$620K

46% of total expenses

Where the Money Goes

13%
Programs: 13%
Payroll: 46%
Other overhead: 87%
Program Revenue$170K (8%)
Total Expenses$1.3M (64%)
Payroll$620K (46%)
Overhead (non-program)87%

Trust Score Breakdown

Program Spending Ratio

13% of expenses go to programs

40%

Revenue & Stability

$2.1M annual revenue

15%

Executive Compensation

$153K total officer comp (11.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$9.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.