Southwest Center for Independent Living
Analysis
Southwest Center for Independent Living is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in January 1987, 39 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, Southwest Center for Independent Living reported income of $9.4m and spending of $7.4m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $9.4m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 98% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Center for Independent Living sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include St Vincents Institution ($9.4m), Eye to Eye Inc ($9.4m) and Pga Foundation Inc ($9.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 74% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $4.4m against liabilities of $34k, net assets of $4.4m. It reported 91 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.6%
- Program services 74%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| St Vincents Institution | Santa Barbara | $9.4m |
| Eye to Eye Inc | New York | $9.4m |
| Pga Foundation Inc | Frisco | $9.4m |
| Resources for Seniors | Raleigh | $9.4m |