Tri Lakes Center for Independent Living Inc

Analysis

Tri Lakes Center for Independent Living Inc is a registered charity in United States, based in Saranac Lake, NY. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Tri Lakes Center for Independent Living Inc reported income of $263k and spending of $252k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $261k to $263k (+0.8%), an average of +0.2% a year. The sharpest change came in the year to September 2020, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri Lakes Center for Independent Living Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Ohrenberger Community School Council Inc ($263k), Womens Help Services ($263k) and Nancetrans Inc ($263k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $137k. At year end it held assets of $153k against liabilities of $38k, net assets of $114k. It reported 9 employees.