Regional Center for Independent Living Inc

Analysis

Regional Center for Independent Living Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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, Regional Center for Independent Living Inc reported income of $1.1m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.1m (+11%), an average of +2.7% a year. The sharpest change came in the year to September 2022, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Regional Center for Independent Living Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Arizona Ecumenical Council ($1.1m), Childrens Fund Inc ($1.1m) and Coastside Child Development Center ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Other salaries and wages came to $222k. At year end it held assets of $2.2m against liabilities of $1.6m, net assets of $551k. It reported 14 employees.