Quick charity verification for Lifehouse Inc (EIN: 208514733)
Verdict: Lifehouse Inc appears trustworthy
92/100Mission Score
$778KRevenue
$1.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $479,724 in 2019 to $712,567 in 2023.
No reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Strong asset base and minimal liabilities, with assets of $1,691,300 and liabilities of $36,419 in 2023.
Efficient spending, with expenses significantly lower than revenue in recent years (e.g., $570,625 expenses vs. $712,567 revenue in 2023).
Positive net assets growth over time, reflecting sound financial management.
Spending Breakdown
How Lifehouse Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Lifehouse Inc
Is Lifehouse Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lifehouse Inc (EIN: 208514733) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Lifehouse Inc a good charity to donate to?
Lifehouse Inc has a Mission Score of 92/100. Revenue: $778K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lifehouse Inc?
The Employer Identification Number (EIN) for Lifehouse Inc is 208514733. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Lifehouse Inc spend its money?
Lifehouse Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lifehouse Inc's tax-exempt status?
You can verify Lifehouse Inc's tax-exempt status using EIN 208514733 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Lifehouse Inc demonstrates consistent financial growth and strong program spending efficiency based on its IRS 990 filings. Over the past five years, revenue has steadily increased from $479,724 in 2019 to $712,567 in 2023, indicating growing support for its mission. The organization consistently spends a high proportion of its expenses on programs, with a notable efficiency in 2023 where expenses were $570,625 against revenue of $712,567, suggesting effective resource utilization. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean administrative structure, which further enhances its financial efficiency and transparency.
Asset growth has also been robust, increasing from $1,103,778 in 2019 to $1,691,300 in 2023, while liabilities remain very low, peaking at $36,419 in 2023. This strong asset base and minimal debt reflect sound financial management and stability. The organization's consistent filing history and the detailed financial data provided in the 990s contribute to a high level of transparency, allowing stakeholders to clearly understand its financial operations and impact.