Lifestream Complete Senior Living Inc

Analysis

Lifestream Complete Senior Living Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lifestream Complete Senior Living Inc reported income of $7.1m and spending of $8.3m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.5m to $7.1m (-51%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifestream Complete Senior Living Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Jefferson Council on Aging ($7.1m), Hospice in the Pines Inc ($7.1m) and Greencroft Retirement Communities Inc ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 82% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $21.1m against liabilities of $13.7m, net assets of $7.4m. It reported 143 employees.