Lifetime Community Homes Inc

Analysis

Lifetime Community Homes Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lifetime Community Homes Inc reported income of $59k and spending of $74k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $59k (+0.8%), an average of +0.8% a year. Over the whole period it spent 138% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lifetime Community Homes Inc sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Aldersgate at the Oaks ($59k), Humankindr ($59k) and Berks Housing Opportunities Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $89k against liabilities of $248k, net assets of -$159k.