Life House Womens Shelter

Analysis

Life House Womens Shelter is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in January 2022, 4 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 December 2023, Life House Womens Shelter reported income of $1.6m and spending of $1.4m, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $560k to $1.6m (+188%), an average of +70% a year. The sharpest change came in the year to December 2022, when income rose by 271%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Life House Womens Shelter sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Homes for Veterans a NJ Non Profit Corporation ($1.6m), Loveland Housing Development Corporation ($1.6m) and Open Door Ministries of High Point Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (0.7% of expenses). Other salaries and wages came to $249k. At year end it held assets of $1.7m against liabilities of $15k, net assets of $1.7m. It reported 10 employees.