Heartland Independent Living Center

Analysis

Heartland Independent Living Center is a registered charity in United States, based in Owensville, MO. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Heartland Independent Living Center reported income of $3.4m and spending of $3.0m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.4m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Heartland Independent Living Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Affordable Housing Opportunities Inc ($3.4m), Rock Island Housing Finance Corporation ($3.4m) and Habitat for Humanity International Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $2.6m against liabilities of $128k, net assets of $2.5m. It reported 78 employees.