Life Styles Housing Inc

Analysis

Life Styles Housing Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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 June 2024, Life Styles Housing Inc reported income of $171k and spending of $126k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $160k to $171k (+6.6%), an average of +6.6% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Styles Housing Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within AR. Charities of a similar size with the same main cause include Lutheran Home for the Aging of Humboldt County California Inc ($171k), Carlisle Elderly Housing Assn Inc ($171k) and Beth Shalom Cemetery ($171k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 97% of the total. At year end it held assets of $321k against liabilities of $110k, net assets of $211k.