Springfield Center for Independent Living Inc

Analysis

Springfield Center for Independent Living Inc is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in September 1985, 41 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 2024, Springfield Center for Independent Living Inc reported income of $558k and spending of $555k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $591k to $558k (-5.5%), an average of -1.1% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Springfield Center for Independent Living Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Loretto Foundation ($558k), Good Will Fire Company No 1 of Minersville ($558k) and Florida College System Activities Association Inc ($558k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $77k (14% of expenses). Other salaries and wages came to $213k. At year end it held assets of $919k against liabilities of $66k, net assets of $853k. It reported 10 employees.