Independent Living Horizons Nine Inc

Analysis

Independent Living Horizons Nine Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in October 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 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 June 2023, Independent Living Horizons Nine Inc reported income of $266k and spending of $360k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $249k to $266k (+6.7%), an average of +1.6% a year. Over the whole period it spent 136% 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 Nine Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include First Impression Inc ($266k), Faith Village Non-Profit Housing Corporation ($266k) and Chelsey Housing Inc ($266k).

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 $1.4m against liabilities of $3.1m, 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.