Progressive Life Center Inc

Analysis

Progressive Life Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1984, 42 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 September 2023, Progressive Life Center Inc reported income of $22.1m and spending of $21.8m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $21.6m to $22.1m (+1.9%), an average of +0.5% a year. The sharpest change came in the year to September 2022, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Progressive Life Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 94th percentile within DC. Charities of a similar size with the same main cause include Springfield Urban League Inc ($22.0m), Worldatwork ($22.1m) and California Friends Homes ($22.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $11.1m against liabilities of $5.2m, net assets of $5.9m. It reported 91 employees.