Lifescape Community Services Foundation NFP

Analysis

Lifescape Community Services Foundation NFP is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lifescape Community Services Foundation NFP reported income of $73k and spending of $12k, leaving 84% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $448k to $73k (-84%), an average of -36% a year. The sharpest change came in the year to September 2022, when income rose by 135%. Over the whole period it spent 2.3% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifescape Community Services Foundation NFP sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Yarmouthcan ($73k), Now Matters More Foundation ($73k) and St Isidore Next Generation Foundation ($73k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.