Independent Living Alternatives Inc

Analysis

Independent Living Alternatives Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in October 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Independent Living Alternatives Inc reported income of $185k and spending of $157k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $175k to $185k (+5.7%), an average of +5.7% a year. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Independent Living Alternatives Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include Robert L Fortes House Inc ($185k), Con-Ed Resource and Development Services Inc ($185k) and Hogansburg Housing Development Fund Company Inc ($185k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 51% of the total. At year end it held assets of $374k against liabilities of $353k, net assets of $21k.