Northern Star Transitional Independent Living Inc
Analysis
Northern Star Transitional Independent Living Inc is a registered charity in United States, based in Dahlonega, GA. It received its IRS tax-exemption ruling in November 2022, 4 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 June 2020, Northern Star Transitional Independent Living Inc reported income of $314k and spending of $329k, spending 105% of its income. Across the 2 years on record, from June 2019 to June 2020, income grew from $309k to $314k (+1.7%), an average of +1.7% a year. Over the whole period it spent 84% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northern Star Transitional Independent Living Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Adult Day Care of Richmond Inc ($314k), Serenity Group Family Therapy Inc ($314k) and Center of Hope Friendship Room ($314k).
On its Form 990 for the period ending June 2020, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $136k (41% of expenses). At year end it held assets of $330k against liabilities of $193k, net assets of $137k.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 85%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Adult Day Care of Richmond Inc | Richmond | $314k |
| Serenity Group Family Therapy Inc | RCH Cucamonga | $314k |
| Center of Hope Friendship Room | Steubenville | $314k |
| Boost a Foster Family Inc | Gilbert | $314k |