Life Directions

Analysis

Life Directions is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 1993, 33 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 Directions reported income of $728k and spending of $783k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $611k to $728k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Life Directions sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include 1385 Nelson Avenue HDFC ($728k), Gema Hall Housing Developement Fund Corp ($728k) and Affordable Housing of North Texas Inc ($728k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. Other salaries and wages came to $312k. At year end it held assets of $392k against liabilities of $189k, net assets of $203k. It reported 10 employees.