Rockland Independent Living Center Inc
Analysis
Rockland Independent Living Center Inc is a registered charity in United States, based in West Nyack, NY. It received its IRS tax-exemption ruling in June 1990, 36 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 December 2023, Rockland Independent Living Center Inc reported income of $23.1m and spending of $21.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.1m to $23.1m (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rockland Independent Living Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Opengate Inc ($23.1m), Food Bank of Alaska Inc ($23.1m) and Open Hand Atlanta Inc ($23.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $165k (0.8% of expenses). Other salaries and wages came to $17.9m. At year end it held assets of $10.5m against liabilities of $2.6m, net assets of $8.0m. It reported 766 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.9%
- Program services 92%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Opengate Inc | Armonk | $23.1m |
| Food Bank of Alaska Inc | Anchorage | $23.1m |
| Open Hand Atlanta Inc | Atlanta | $23.0m |
| Insight Housing | Berkeley | $23.1m |