LIFE ASSET INC is a nonprofit organization categorized as Public Charity based in WASHINGTON, DC. Its most recent IRS filing (2024) reports revenue of $1.6M, expenses of $1.3M, total assets of $9.1M. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $492K.
THE MISSION OF LIFE ASSET IS TO HELP ALLEVIATE POVERTY IN THE GREATER WASHINGTON, DC AREA, BY EMPOWERING PEOPLE THROUGH AFFORDABLE FINANCIAL PRODUCTS, SERVICES, AND EDUCATION, THEREBY PROMOTING SELF-HELP AND SELF- RESPECT AND EXPANDING SOCIAL AND ECONOMIC OPPORTUNITIES FOR LOWER INCOME RESIDENTS.
How Life Asset Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 10 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.6M | $1.3M | $9.1M |
| 2023 | $2.1M | $1.3M | $9.4M |
| 2022 | $2.4M | $1.3M | $6.9M |
| 2020 | $1.7M | $1.2M | $3.9M |
| 2019 | $1.1M | $722K | $3.0M |
Between 2019 and 2024, reported annual revenue grew from $1.1M to $1.6M (+46%), with total assets most recently reported at $9.1M.
Interactive year-over-year charts and full filing details available with membership.
