Virginia Association of Centers for Independent Living

Analysis

Virginia Association of Centers for Independent Living is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Virginia Association of Centers for Independent Living reported income of $70k and spending of $60k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $70k (-7.2%), an average of -7.2% a year. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virginia Association of Centers for Independent Living sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Lake Placid Forum for the Arts and Humanities Inc ($70k), Greater Malden Asian American Community Coalition Inc ($70k) and Options for Living Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.