Resources for Independent Living Inc

Analysis

Resources for Independent Living Inc is a registered charity in United States, based in Burlington, NJ. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Resources for Independent Living Inc reported income of $4.6m and spending of $3.8m, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $4.6m (+178%), an average of +29% a year. The sharpest change came in the year to September 2022, when income rose by 77%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Resources for Independent Living Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Second Start Learning Disabilities Program ($4.6m), TLC Learning Center Inc ($4.6m) and Continuing Education Company ($4.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $154k (4.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.5m against liabilities of $184k, net assets of $2.3m. It reported 61 employees.