Lifetime Community Service Inc

Analysis

Lifetime Community Service 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 Service Inc reported income of $79k and spending of $112k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $79k (-7.5%), an average of -7.5% 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 Service Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Hartville Innovative Housing Solutions Inc ($79k), Medina Creative Living 2 ($79k) and LSS Housing Waukesha Hickory Flats Inc ($79k).

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 $122k against liabilities of $477k, net assets of -$355k.