Lifechange Housing Associates Inc

Analysis

Lifechange Housing Associates Inc is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in June 2018, 8 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 September 2023, Lifechange Housing Associates Inc reported income of $89k and spending of $94k, spending 106% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $74k to $89k (+21%), an average of +21% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lifechange Housing Associates Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Cottonwood Ridge Apartments Inc ($89k), Yankee Settlement Court ($89k) and Desert Esperanza Inc ($89k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.