Virginia · Nonprofit
LIFENET HEALTH
LIFENET HEALTH (Virginia) receives grants from 6 organizations whose IRS filings report $153,844 to it, the largest being American Association of Tissue Banks Inc ($93,344). 2 of them have funded it in more than one year.
- Revenue FY2024
- $599M
- Funders on record
- 6
- Grants received
- $154k
- Net assets
- $401M
What Lifenet Health does
Mission
Lifenet Health, established in 1982, is a non-profit life sciences organization that provides allografts for use in most surgical disciplines; facilitates organ donation and transplantation; provides donated cells and tissues for biomedical research; and serves as a source of public advocacy and education for organ and tissue donation. Lifenet Health is one of the world's largest providers of allograft biologics, distributing more than 1,349,729 in 2024. Lifenet Health is the federally designated organ procurement organization for most of virginia, as well as areas of north carolina and west virginia. In 2024, Lifenet Health facilitated 788 organ transplants. Lifenet Health collaborates with hospitals and tissue recovery partners across the country to serve the needs of hospitals and patients around the globe. Lifenet Health has developed key innovations such as proprietary and patented cleaning, decellularization, and composite allograft technologies. Lifenet Health's global headquarters is located in virginia beach, virginia with additonal facilities throughout the united states. Lifenet Health's mission statement is "saving lives. Restoring health. Giving hope." please visit…
As stated on its FY2024 Form 990.
Programs
Processing and distribution of human allograft tissue for transplantation.
$414,774,659 spentof which $101,124 as grants$506,437,527 earned by the program84% of program spendingOrgan recovery and transplantation services.
$76,480,979 spent$88,262,640 earned by the program15% of program spendingOrgan and tissue call center services.
$4,942,228 spent$86,340 earned by the program1% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $496,197,866.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $552M to $638M (+16%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
0% of LIFENET HEALTH’s revenue is contributions — more earned-revenue than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Mr Rony Thomas
CEO
Board chair
Dr John Herre
Chairman
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
2018 → 2023: the base held at 1 funder, grant income fell $20k → $5k.
Left out of every figure on this page: $392k from one payer (the payer shares this organization's board, largest Lifenet Foundation). These are real filings, and they are not money LIFENET HEALTH raised.
From the IRS filings of LIFENET HEALTH’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LIFENET HEALTH leans on a few funders — its largest provides 61% of grant income and the top three 92%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LIFENET HEALTH.
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 43% · 2021 69% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
83% of LIFENET HEALTH's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LIFENET HEALTH runs a healthier operating margin than half of the 2,075 health nonprofits its size.
this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024
Government funding LIFENET HEALTH receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $11.2M on record.
- Department of Veterans Affairs$7.2M
- Department of Defense$3.3M
- Department of Health and Human Services$432k
- Environmental Protection Agency$248k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like LIFENET HEALTH
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 3 states
Part of a family of 7 related entities
- Skin and Wound Allograft Institute · disregarded
- Institute of Regenerative Medicine · disregarded
- Lifenet Health Northwest · disregarded
- Lifenet Health Europe Gmbh · exempt
- Lifenet Health of Canada · exempt
Screen this organization
A dated, signed PDF of the compliance screen for LIFENET HEALTH: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LIFENET HEALTH?
- LIFENET HEALTH (Virginia) receives grants from 6 organizations whose IRS filings report $153,844 to it, the largest being American Association of Tissue Banks Inc ($93,344). 2 of them have funded it in more than one year.
- How many funders does LIFENET HEALTH have?
- IRS filings report 6 organizations giving $153,844 in grants to LIFENET HEALTH, 2 of which have funded it in more than one year.
- Who is the largest funder of LIFENET HEALTH?
- American Association of Tissue Banks Inc is the largest funder on record, with $93,344 in grants. The full list of funders is on this page.
- How can an organization like LIFENET HEALTH find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing