Progressive Center for Independent Living Inc

Analysis

Progressive Center for Independent Living Inc is a registered charity in United States, based in Hamilton, NJ. It received its IRS tax-exemption ruling in January 1996, 30 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 September 2023, Progressive Center for Independent Living Inc reported income of $1.7m and spending of $1.6m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.7m (+58%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 37%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Progressive Center for Independent Living Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Quilts of Valor Foundation ($1.7m), All Gods Children Inc ($1.7m) and The Chapman House ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $104k (6.6% of expenses). Other salaries and wages came to $878k. At year end it held assets of $1.2m against liabilities of $35k, net assets of $1.2m. It reported 25 employees.