Southwest Louisana Independence Center Inc

Analysis

Southwest Louisana Independence Center Inc is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in September 1986, 40 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, Southwest Louisana Independence Center Inc reported income of $6.2m and spending of $6.0m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.6m to $6.2m (+11%), an average of +2.7% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Louisana Independence Center 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 LA. Charities of a similar size with the same main cause include Russell Child Development Center Inc ($6.2m), Parkview Home of Freeport Illinois ($6.2m) and My Brothers Keeper ($6.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $244k (4.1% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $4.9m against liabilities of $427k, net assets of $4.4m. It reported 346 employees.