Lifestream Services Inc

Analysis

Lifestream Services Inc is a registered charity in United States, based in Yorktown, IN. It received its IRS tax-exemption ruling in March 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lifestream Services Inc reported income of $15.6m and spending of $15.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.8m to $15.6m (+22%), an average of +5.1% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifestream Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Frontier Community Services ($15.6m), St Simeons Episcopal Home Inc ($15.6m) and Oakwood Village University Woods Apartments Inc ($15.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $306k (2.0% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $5.7m against liabilities of $2.0m, net assets of $3.7m. It reported 163 employees.