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Texas · Nonprofit

LIFESPACE COMMUNITIES INC

LIFESPACE COMMUNITIES INC (Texas) receives grants from 1 organization whose IRS filings report $11,000 to it, the largest being Enterprise Holdings Foundation ($11,000). 1 of them have funded it in more than one year.

Revenue FY2024
$391M
Funders on record
1
Grants received
$11k
Net assets
$-434710534
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Lifespace Communities Inc does

Mission

Creating communities celebrating the lives of seniors. Lifespace recognizes that its mission can only be fulfilled through the dedicated efforts of its employees, therefore included in our mission is the ability to provide disaster relief funds to employees who encounter circumstances recognized by federal and state agencies as qualifying for emergency disaster relief.

As stated on its FY2024 Form 990.

Program

  1. Lifespace communities, inc. Owns fourteen different communities (5 in fl, 3 tx, 2 in il, 1 in mn, ks, pa, and wi) which provide apartments and health care for retired persons. Residents pay an initial entrance fee and monthly fees thereafter which entitle them to the use of the community for life and unlimited use of the health center. Residents do not acquire title of the property.

    $369,214,521 spentof which $10,312,892 as grants$338,768,901 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $369,214,521.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($243M) Expenses 100 ($237M)2018 Revenue 105 ($254M) Expenses 108 ($255M)2019 Revenue 102 ($248M) Expenses 111 ($263M)2020 Revenue 116 ($282M) Expenses 119 ($282M)2021 Revenue 119 ($289M) Expenses 147 ($347M)2022 Revenue 135 ($329M) Expenses 170 ($403M)2023 Revenue 97 ($236M) Expenses 178 ($423M)2024 Revenue 161 ($391M) Expenses 189 ($448M)
'17'18'19'20'21'22'23'24
Revenue (161)Expenses (189)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.2B to $1.4B (+14%).

$798M
$974M
$1.1B
$1.1B
$1.2B
$1.4B
$1.3B
$1.3B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 3% · 2021 0% · 2022 0% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

1% of LIFESPACE COMMUNITIES INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (17% for the typical peer).

This organization
Typical peer · 264 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

$6.3M
’17
−$772k
’18
−$15M
’19
−$798k
’20
−$59M
’21
−$74M
’22
−$187M
’23
−$57M
’24
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed2425302225293728
Joined·+4+10+4+11+9+15+6
No longer listed·351285715
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income rose $2k → $3k.

Funder
'20
'21
'22
'23
'24*
total
funders
1
1
1
1
1

Left out of every figure on this page: $10M from 5 payers (the payer shares this organization's board, largest The Lifespace Foundation). These are real filings, and they are not money LIFESPACE COMMUNITIES INC raised.

From the IRS filings of LIFESPACE COMMUNITIES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

LIFESPACE COMMUNITIES INC draws 100% of its grant income from funders outside Texas, across 1 state in all.

MO

In-state vs out-of-state, by year

’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LIFESPACE COMMUNITIES INC is better cushioned than half of the 248 human services nonprofits its size.

Operating margin−14% · bottom quartile
Months of reserve0.9mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 248 human services nonprofits over $100M, FY2024

Government funding LIFESPACE COMMUNITIES INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $40k on record.

State$40k
19
20
21
22
23
24
Top programs
  • REFUNDS - GENERAL $40k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like LIFESPACE COMMUNITIES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 5 states

MN
IL
PA
KS
FL

Part of a family of 10 related entities

  • The Lifespace Foundation · exempt
  • Lifespace Inc · exempt
  • Barton Creek Senior Living Center Inc · exempt
  • Tarrant County Senior Living Center Inc · exempt
  • Meadow Lake LLC · exempt

Screen this organization

A dated, signed PDF of the compliance screen for LIFESPACE COMMUNITIES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LIFESPACE COMMUNITIES INC?
LIFESPACE COMMUNITIES INC (Texas) receives grants from 1 organization whose IRS filings report $11,000 to it, the largest being Enterprise Holdings Foundation ($11,000). 1 of them have funded it in more than one year.
How many funders does LIFESPACE COMMUNITIES INC have?
IRS filings report 1 organization giving $11,000 in grants to LIFESPACE COMMUNITIES INC, 1 of which have funded it in more than one year.
Who is the largest funder of LIFESPACE COMMUNITIES INC?
Enterprise Holdings Foundation is the largest funder on record, with $11,000 in grants. The full list of funders is on this page.
How can an organization like LIFESPACE COMMUNITIES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing