Life Styles Foundation Inc

Analysis

Life Styles Foundation Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in August 1997, 29 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 2024, Life Styles Foundation Inc reported income of $143k and spending of $66k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $23k to $143k (+522%), an average of +58% a year. The sharpest change came in the year to June 2021, when income rose by 352%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Styles Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within AR. Charities of a similar size with the same main cause include Numana Inc ($143k), El Monte-South El Monte Emergency Resources Association ($143k) and Taylors Closet Foundation Inc ($143k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% of the total. At year end it held assets of $1.2m against liabilities of $8,350, net assets of $1.2m.