Progress Center for Independent Living

Analysis

Progress Center for Independent Living is a registered charity in United States, based in Forest Park, IL. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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 June 2023, Progress Center for Independent Living reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.2m (+1.6%), an average of +0.5% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Progress Center for Independent Living sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Fredrica Volunteer Fire Company ($1.2m), Oasis for Youth ($1.2m) and Evangelical Lutheran Church in America ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Other salaries and wages came to $572k. At year end it held assets of $1.2m against liabilities of $62k, net assets of $1.1m. It reported 23 employees.