Lifespace Communities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 195,008,608 | 180,496,351 | 14,512,257 | 9.4 | 36% |
| 2012 | 214,224,110 | 205,952,604 | 8,271,506 | 8.9 | 36% |
| 2013 | 213,394,865 | 208,117,819 | 5,277,046 | -3.1 | 37% |
| 2014 | 224,349,290 | 232,670,190 | −8,320,900 | -2.9 | 35% |
| 2015 | 238,147,028 | 240,195,237 | −2,048,209 | -3.2 | 36% |
| 2016 | 243,513,709 | 242,292,187 | 1,221,522 | -2.8 | 35% |
| 2017 | 243,464,445 | 237,173,572 | 6,290,873 | -2.2 | 36% |
| 2018 | 254,479,884 | 255,251,655 | −771,771 | -2.9 | 35% |
| 2019 | 248,211,607 | 263,399,579 | −15,187,972 | -2.8 | 37% |
| 2020 | 281,536,784 | 282,334,731 | −797,947 | -2.4 | 36% |
| 2021 | 288,575,366 | 347,496,596 | −58,921,230 | -3.8 | 31% |
| 2022 | 328,711,356 | 402,545,496 | −73,834,140 | -6.1 | 36% |
| 2023 | 236,087,395 | 422,855,604 | −186,768,209 | -11.0 | 35% |
In its most recent public year (2023), this organization spent $186,768,209 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11 months), down from 9.4 in 2011. Staff pay was 35% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Lifespace Communities Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works