Home Life Community Inc
EIN: 300873051 · Jackson, TN · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $73K |
| Net Assets | $515K |
Is Home Life Community Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Home Life Community Inc
Home Life Community Inc (EIN: 300873051) is a nonprofit organization based in Jackson, TN, classified under NTEE code L22. The organization reported total revenue of $88K and total assets of $573K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Life Community Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home Life Community Inc is a micro nonprofit that has been operating for 9 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $494K |
| Total Expenses | $73K |
| Surplus / Deficit | +$421K |
| Total Assets | $515K |
| Total Liabilities | $128 |
| Net Assets | $515K |
| Operating Margin | 85.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 84.2 months |
Financial Health Grade: A
In 2023, Home Life Community Inc reported a surplus of $421K with revenue exceeding expenses, holds 84.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Home Life Community Inc 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 Home Life Community Inc 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 $421K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Home Life Community Inc
Is Home Life Community Inc a legitimate charity?
Home Life Community Inc (EIN: 300873051) is a registered tax-exempt nonprofit based in Tennessee. Total revenue: $88K. No red flags identified. Financial health grade: A.
How does Home Life Community Inc spend its money?
Home Life Community Inc reported $88K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Home Life Community Inc tax-deductible?
Home Life Community Inc is registered as a tax-exempt nonprofit (EIN: 300873051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Home Life Community Inc located?
Home Life Community Inc is headquartered in Jackson, Tennessee and files with the IRS under EIN 300873051. It is classified under NTEE code L22.
Filing History
IRS 990 filing history for Home Life Community Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Home Life Community Inc reported a surplus of $421K, with revenue exceeding expenses. The organization holds $128 in liabilities against $515K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $515K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $494K | $73K | $515K | $128 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Home Life Community Inc:
Data Sources and Methodology
This transparency report for Home Life Community Inc 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.