Carlsbad Lifehouse
EIN: 811062228 · Carlsbad, NM · NTEE: F20
| Metric | Value |
|---|---|
| Total Revenue | $9.1M |
| Total Expenses | $5.6M |
| Net Assets | $3.9M |
Is Carlsbad Lifehouse Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carlsbad Lifehouse
Carlsbad Lifehouse (EIN: 811062228) is a nonprofit organization based in Carlsbad, NM, classified under NTEE code F20. The organization reported total revenue of $9.1M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carlsbad Lifehouse's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carlsbad Lifehouse is a mid-size nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 78.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.3M |
| Total Expenses | $5.6M |
| Surplus / Deficit | +$666K |
| Total Assets | $4.8M |
| Total Liabilities | $886K |
| Net Assets | $3.9M |
| Operating Margin | 10.6% |
| Debt-to-Asset Ratio | 18.5% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2023, Carlsbad Lifehouse reported a surplus of $666K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 18.5% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Carlsbad Lifehouse's revenue has grown at a compound annual growth rate (CAGR) of 78.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +28.3% | +12.5% |
| 2022 | +122.5% | +115.1% | +83.7% |
| 2021 | +1282.0% | +993.0% | +272.8% |
| 2020 | -48.7% | +35.4% | +3.0% |
| 2019 | +138.1% | +148.2% | +75.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carlsbad Lifehouse has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carlsbad Lifehouse with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $666K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.5%.
Frequently Asked Questions about Carlsbad Lifehouse
Is Carlsbad Lifehouse a legitimate charity?
Carlsbad Lifehouse (EIN: 811062228) is a registered tax-exempt nonprofit based in New Mexico. It has 7 years of IRS 990 filings on record. Total revenue: $9.1M. No red flags identified. Financial health grade: A.
How does Carlsbad Lifehouse spend its money?
Carlsbad Lifehouse reported $9.1M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carlsbad Lifehouse tax-deductible?
Carlsbad Lifehouse is registered as a tax-exempt nonprofit (EIN: 811062228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carlsbad Lifehouse located?
Carlsbad Lifehouse is headquartered in Carlsbad, New Mexico and files with the IRS under EIN 811062228. It is classified under NTEE code F20.
How many years of IRS 990 filings does Carlsbad Lifehouse have?
Carlsbad Lifehouse has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9.1M in total revenue.
Filing History
IRS 990 filing history for Carlsbad Lifehouse showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Carlsbad Lifehouse's revenue has grown by 3080.1%, moving from $197K to $6.3M. Total assets increased by 1970.3% over the same period, from $231K to $4.8M. Total functional expenses rose by 14133.1%, from $39K to $5.6M. In its most recent filing year (2023), Carlsbad Lifehouse reported a surplus of $666K, with revenue exceeding expenses. The organization holds $886K in liabilities against $4.8M in assets (debt-to-asset ratio: 18.5%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.3M | $5.6M | $4.8M | $886K | — | — |
| 2022 | $6.3M | $4.4M | $4.3M | $939K | — | View 990 |
| 2021 | $2.8M | $2.0M | $2.3M | $906K | — | View 990 |
| 2020 | $204K | $186K | $621K | $0 | — | View 990 |
| 2019 | $398K | $137K | $603K | $0 | — | View 990 |
| 2018 | $167K | $55K | $343K | $0 | — | View 990 |
| 2017 | $197K | $39K | $231K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $6.3M, expenses of $5.6M, and assets of $4.8M (revenue +0.0% year-over-year).
- 2022: Revenue of $6.3M, expenses of $4.4M, and assets of $4.3M (revenue +122.5% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.0M, and assets of $2.3M (revenue +1282.0% year-over-year).
- 2020: Revenue of $204K, expenses of $186K, and assets of $621K (revenue -48.7% year-over-year).
- 2019: Revenue of $398K, expenses of $137K, and assets of $603K (revenue +138.1% year-over-year).
- 2018: Revenue of $167K, expenses of $55K, and assets of $343K (revenue -15.4% year-over-year).
- 2017: Revenue of $197K, expenses of $39K, and assets of $231K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carlsbad Lifehouse:
Data Sources and Methodology
This transparency report for Carlsbad Lifehouse is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.