Lifeworks Community Action Inc

Analysis

Lifeworks Community Action Inc is a registered charity in United States, based in Ballston Spa, NY. It received its IRS tax-exemption ruling in February 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lifeworks Community Action Inc reported income of $8.9m and spending of $9.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.6m to $8.9m (+3.6%), an average of +0.9% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifeworks Community Action Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Jesus House of Hope Inc ($8.9m), Lawrence County Association for Responsible Care ($8.9m) and Abbott House Inc ($8.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $174k (1.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $2.8m against liabilities of $1.2m, net assets of $1.6m. It reported 150 employees.