Independent Living Horizons Twelve Inc

Analysis

Independent Living Horizons Twelve Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in June 2009, 17 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 Twelve Inc reported income of $72k and spending of $94k, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $55k to $72k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 138% 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 Twelve Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within GA. Charities of a similar size with the same main cause include Abilities at Eagles Nest Inc ($72k), Fayette Street Project ($72k) and Haven on Broad South Inc ($72k).

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 $341k against liabilities of $670k, net assets of -$328k.

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.