Wabash Independent Living and Learning Center Inc

Analysis

Wabash Independent Living and Learning Center Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in July 2000, 26 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, Wabash Independent Living and Learning Center Inc reported income of $495k and spending of $523k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $578k to $495k (-14%), an average of -3.8% a year. The sharpest change came in the year to September 2021, when income rose by 50%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wabash Independent Living and Learning Center Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include We Are One New Jersey ($495k), Reading Food Pantry Inc ($495k) and Corridor Christian Early Learning Center ($495k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $62k (12% of expenses). Other salaries and wages came to $268k. At year end it held assets of $495k against liabilities of $36k, net assets of $459k. It reported 12 employees.