Independent Community Living Inc
Analysis
Independent Community Living Inc is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in January 2013, 13 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 September 2023, Independent Community Living Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $2.3m (+7.4%), an average of +1.8% a year. Over the whole period it spent 104% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Independent Community Living Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Center for Child & Family Services Inc ($2.3m), Urban League of Lexington-Fayette Co ($2.3m) and Jesus House ($2.3m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $118k (5.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $283k against liabilities of $98k, net assets of $185k. It reported 101 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.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Center for Child & Family Services Inc | Newport News | $2.3m |
| Urban League of Lexington-Fayette Co | Lexington | $2.3m |
| Jesus House | Oklahoma City | $2.3m |
| Early Learning Shared Services Alliance Inc | Winter Park | $2.3m |