Independent Living Horizons Inc

Analysis

Independent Living Horizons Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Independent Living Horizons Inc reported income of $313k and spending of $391k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $233k to $313k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 140% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Independent Living Horizons Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include NHC HV Pul Inc ($313k), Pender Community Center Inc ($313k) and Regency Apartments RHF Housing Inc ($312k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.3m against liabilities of $3.0m, net assets of -$1.7m.

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.