Long Island Center for Independent Living Inc

Analysis

Long Island Center for Independent Living Inc is a registered charity in United States, based in Levittown, NY. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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, Long Island Center for Independent Living Inc reported income of $12.9m and spending of $13.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $15.9m to $12.9m (-18%), an average of -5.0% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Long Island Center for Independent Living Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include New Interdisciplinary School Inc ($12.9m), Community Action Program Committee Inc ($12.9m) and Robert C Geer Memorial Hospital Inc ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $309k (2.4% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $2.9m against liabilities of $1.4m, net assets of $1.5m. It reported 494 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.