Soyland Access to Independent Living

Analysis

Soyland Access to Independent Living is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Soyland Access to Independent Living reported income of $580k and spending of $622k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $714k to $580k (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2022, when income dropped by 15%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Soyland Access to Independent Living sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Mackinac Associates ($580k), Franklin Vance Warren Housing of Franklin Co Inc ($581k) and Private Industry Council of Lehigh Valley Inc ($580k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (13% of expenses). Other salaries and wages came to $207k. At year end it held assets of $604k against liabilities of $449k, net assets of $155k. It reported 8 employees.