Public Charity

LIFE ASSET INC

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 9 reported grant relationships connected to this organization totaling approximately $492K.

EIN: 454737489 WASHINGTON, DC Latest filing: 2024
Total Revenue$1.6M
Total Expenses$1.3M
Total Assets$9.1M
Grant Records9
Funding Total$492K
Filing Years2019–2024

Mission

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.

Officers & Directors

TREASURER Alfonso Pearson
SECRETARY Jaime Quiros
EXECUTIVE DIRECTOR Jan Markus Larsson
BOARD CHAIR Olive Idehen
DIRECTOR Terry Flood

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$180,000 3 grants
general support
$137,000 1 grant
Unspecified
$75,000 1 grant
GENERAL SUPPORT
$45,000 2 grants
General Support building
$30,000 1 grant

Financial Trends

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.

See the full picture for LIFE ASSET INC

Complete financials, all 9 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time