Life House Incorporated
Duluth, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,145,317โ1% | $3,139,682โ4% | $3,742,379โ1% | โ |
| 2022 | $3,165,959โ1% | $3,014,220โ3% | $3,708,360โ5% | โ |
| 2021 | $3,195,921โ6% | $2,926,436โ11% | $3,542,824โ9% | โ |
| 2020 | $3,389,355โ28% | $2,625,869โ12% | $3,254,589โ31% | โ |
| 2019 | $2,648,590โ9% | $2,345,309โ12% | $2,492,343โ16% | โ |
| 2018 | $2,436,099โ11% | $2,097,881โ13% | $2,144,808โ19% | โ |
| 2017 | $2,200,854โ29% | $1,852,185โ16% | $1,808,100โ24% | โ |
| 2016 | $1,704,343โ18% | $1,597,021โ13% | $1,453,442โ9% | โ |
| 2015 | $1,450,031โ1% | $1,411,537โ15% | $1,332,662โ3% | โ |
| 2014 | $1,459,064โ84% | $1,232,074โ46% | $1,290,575โ17% | โ |
| 2013 | $793,118โ1% | $842,907โ6% | $1,104,705โ4% | โ |
| 2012 | $802,579โ1% | $892,599โ1% | $1,149,511โ7% | โ |
| 2011 | $796,349 | $887,757 | $1,234,790 | โ |
Frequently Asked Questions
What does Life House Incorporated do?โผ
Life House Incorporated is a youth development nonprofit organization based in Minnesota. It is classified under NTEE code O99Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Life House Incorporated financially healthy?โผ
Based on our 9-metric Financial Health Score model, Life House Incorporated has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Life House Incorporated generate?โผ
Life House Incorporated reports $3.1M in annual revenue and holds $3.7M in total assets, based on IRS filings.
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