Independent Living Center of Eastern Indiana

Analysis

Independent Living Center of Eastern Indiana is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in March 1999, 27 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 Eastern Indiana reported income of $557k and spending of $632k, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $620k to $557k (-10%), an average of -2.6% a year. Over the whole period it spent 104% 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 Eastern Indiana sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Society of St Vincent de Paul Exeter ($557k), L & J Nursery Inc ($557k) and Andrews Senior Activity Center Inc ($557k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $165k (26% of expenses). Other salaries and wages came to $188k. At year end it held assets of $252k against liabilities of $35k, net assets of $217k. It reported 10 employees.