Life House Recovery Homes Inc

Analysis

Life House Recovery Homes Inc is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in March 2010, 16 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 (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, Life House Recovery Homes Inc reported income of $994k and spending of $974k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $930k to $994k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Life House Recovery Homes Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Friends of Boston Homeless Inc ($993k), Lake Cumberland Housing Agency Inc ($994k) and The Westminster Canterbury of Lynchburg Foundation Inc ($992k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 104% of the total. Compensation of current officers, directors and key employees was $172k (18% of expenses). Other salaries and wages came to $390. At year end it held assets of $502k against liabilities of $528k, net assets of -$27k. It reported 1 employees.