Illinois Valley Center for Independent Living

Analysis

Illinois Valley Center for Independent Living is a registered charity in United States, based in Spring Valley, IL. It received its IRS tax-exemption ruling in September 1998, 28 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 June 2024, Illinois Valley Center for Independent Living reported income of $628k and spending of $659k, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $464k to $628k (+35%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Valley Center for Independent Living sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Read and Feed ($628k), Open Table Ministry ($628k) and Dallas Legal Hospice ($628k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 21% of the total. Other salaries and wages came to $270k. At year end it held assets of $424k against liabilities of $40k, net assets of $384k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.