Home Life Styles Inc

Analysis

Home Life Styles Inc is a registered charity in United States, based in St CLR Shores, MI. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Home Life Styles Inc reported income of $2.5m and spending of $2.0m, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.5m to $2.5m (+0.2%), an average of +0.0% a year. The sharpest change came in the year to September 2023, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home Life Styles Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Oklahoma Dental Foundation ($2.5m), End Mass Overdose Inc ($2.5m) and Augusta Levy Learning Center Inc ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (4.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.1m against liabilities of $1.4m, net assets of -$317k. It reported 66 employees.