Independent Living Resources of Greater Birmingham Inc

Analysis

Independent Living Resources of Greater Birmingham Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 1993, 33 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, Independent Living Resources of Greater Birmingham Inc reported income of $2.1m and spending of $1.9m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $2.1m (+94%), an average of +18% a year. The sharpest change came in the year to September 2021, when income rose by 48%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Independent Living Resources of Greater Birmingham Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within AL. Charities of a similar size with the same main cause include CHS Endowment Foundation Inc ($2.1m), Good Faith Media ($2.1m) and San Francisco Opera Guild ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $141k (7.4% of expenses). Other salaries and wages came to $724k. At year end it held assets of $3.1m against liabilities of $85k, net assets of $3.0m. It reported 27 employees.