Resource Center for Independent Living Inc

Analysis

Resource Center for Independent Living Inc is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in April 1984, 42 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, Resource Center for Independent Living Inc reported income of $97.8m and spending of $86.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $93.7m to $97.8m (+4.3%), an average of +1.1% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Resource Center for Independent Living Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Hasc Center Inc ($97.5m), Jacobs & Cushman San Diego Food Bank ($97.8m) and Three Square ($97.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $680k (0.8% of expenses). Other salaries and wages came to $54.9m. At year end it held assets of $96.5m against liabilities of $12.9m, net assets of $83.5m. It reported 3,726 employees.