LIFESPAN CORPORATION
15 LASALLE SQUARE, PROVIDENCE, RI · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $449,326,854 | $416,402,766 | $135,726,060 |
| FY2024 | $352,572,623 | $359,263,520 | $86,432,884 |
| FY2023 | $302,231,899 | $294,759,300 | $48,474,368 |
| FY2022 | $285,097,737 | $287,327,416 | $35,580,616 |
| FY2021 | $281,124,527 | $273,271,113 | $36,703,351 |
| FY2020 | $255,734,605 | $239,971,511 | $23,046,156 |
| FY2019 | $240,445,480 | $238,550,780 | $5,657,772 |
| FY2018 | $221,484,177 | $201,300,414 | $30,303,493 |
| FY2017 | $204,838,020 | $197,036,937 | $2,123,428 |
| FY2016 | $200,757,000 | $195,699,320 | -$8,434,562 |
| FY2015 | $187,248,118 | $185,811,606 | -$8,534,786 |
| FY2014 | $156,681,645 | $150,608,137 | -$26,926,436 |
| FY2013 | $143,494,055 | $145,535,972 | -$31,880,810 |
| FY2012 | $134,235,273 | $145,295,855 | -$39,939,974 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $417,337,007 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $416,402,766 | 100% |
| Management & general | $0 | 0% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2025. That is higher than 100% of 24 Health Care organizations in RI.
- Net assets covered about 3.9 months of expenses at the end of the reporting year. That puts it in the 30th percentile among 95 Health Care organizations in RI.
- Total revenue was higher than 96% of 101 Health Care organizations in RI.
- Total revenue rose from $134,235,273 in FY2012 to $449,326,854 in FY2025, Revenue increased in 13 and decreased in 0 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2012, FY2013, FY2022, FY2024).
- Net assets grew from -$39,939,974 to $135,726,060 between FY2012 and FY2025.
- Donations may be deductible (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
DELIVERING HEALTH WITH CARE WHILE MAINTAINING A COMPREHENSIVE, INTEGRATED, ACADEMIC HEALTH SYSTEM. BROWN UNIVERSITY HEALTH PROVIDES SUPPORT TO ITS AFFILIATES TO ASSURE THE DELIVERY OF HIGH-QUALITY HEALTH SERVICES, MEDICAL EDUCATION, AND BIOMEDICAL RESEARCH.
IRS status
| Ruling year | 1988 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E020 — Health Care |
| Donations | Donations may be deductible (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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