Boone County Independent Living Inc

Analysis

Boone County Independent Living Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in December 1985, 41 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 2024, Boone County Independent Living Inc reported income of $6.7m and spending of $7.0m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $7.7m to $6.7m (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boone County Independent Living Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within AR. Charities of a similar size with the same main cause include Keystone Adolescent Center Inc ($6.7m), Range Center Inc ($6.7m) and Abounding Prosperty Inc ($6.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $182k (2.6% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $4.7m against liabilities of $770k, net assets of $3.9m. It reported 210 employees.