Northern Regional Center for Independent Living Incorporated

Analysis

Northern Regional Center for Independent Living Incorporated is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in April 1990, 36 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 September 2023, Northern Regional Center for Independent Living Incorporated reported income of $3.1m and spending of $3.1m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.3m to $3.1m (+31%), an average of +7.0% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northern Regional Center for Independent Living Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Robert Toombs Christian Academy Inc ($3.1m), Boys and Girls Clubs of Central Georgia Inc ($3.1m) and Committee for a Constructive Tomorrow ($3.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $144k (4.7% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.7m against liabilities of $773k, net assets of $892k. It reported 65 employees.