Life Styles Supports Inc

Analysis

Life Styles Supports Inc is a registered charity in United States, based in Sewell, NJ. It received its IRS tax-exemption ruling in June 2010, 16 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, Life Styles Supports Inc reported income of $2.4m and spending of $2.0m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.4m (+120%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Styles Supports Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Courage to Change ($2.4m), Multicultural Neurobehavioral Rehabilitation Center Inc ($2.4m) and Caribbean Foundation of Boston Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $143k (7.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.3m against liabilities of $497k, net assets of $1.8m. It reported 47 employees.