Carlsbad Lifehouse

Analysis

Carlsbad Lifehouse is a registered charity in United States, based in Carlsbad, NM. It received its IRS tax-exemption ruling in May 2016, 10 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 December 2023, Carlsbad Lifehouse reported income of $6.3m and spending of $5.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $6.3m (+1479%), an average of +99% a year. The sharpest change came in the year to December 2021, when income rose by 1282%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carlsbad Lifehouse sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NM. Charities of a similar size with the same main cause include Friends of Yad Sarah Inc ($6.3m), Tidewell Foundation Inc ($6.3m) and Homies Organizing the Mission to Empower Youth Homey ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $4.8m against liabilities of $886k, net assets of $3.9m. It reported 138 employees.