Supportive Living Inc

Analysis

Supportive Living Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Supportive Living Inc reported income of $1.3m and spending of $1.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $969k to $1.3m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Supportive Living Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Turning Point Community Services ($1.3m), Franklin Park Development Tenants Association ($1.3m) and Independence Square RHF Housing Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $132k (11% of expenses). Other salaries and wages came to $377k. At year end it held assets of $2.5m against liabilities of $698k, net assets of $1.8m. It reported 15 employees.