Independent Living Center of North Central Ohio Inc

Analysis

Independent Living Center of North Central Ohio Inc is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in December 1993, 33 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, Independent Living Center of North Central Ohio Inc reported income of $329k and spending of $344k, spending 104% of its income. Across the 4 years on record, from September 2020 to September 2023, income fell from $418k to $329k (-21%), an average of -7.7% a year. The sharpest change came in the year to September 2022, when income dropped by 31%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Independent Living Center of North Central Ohio Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Opportunity House Inc ($329k), Justice for Girls Coalition of Washington State ($329k) and Court-Appointed Special Advocate Guardian Ad Litem of Miami County ($329k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $68k (20% of expenses). Other salaries and wages came to $110k. At year end it held assets of $232k against liabilities of $123k, net assets of $109k. It reported 9 employees.