Living Independence for Everyone Inc

Analysis

Living Independence for Everyone Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Living Independence for Everyone Inc reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+4.3%), an average of +1.0% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Living Independence for Everyone Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within MS. Charities of a similar size with the same main cause include Ahi Ezer Kings Highway Housing Development Fund Co Inc ($1.1m), Bethany Homes Inc ($1.1m) and Goodwin Plaza Housing Corporation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $82k (7.3% of expenses). Other salaries and wages came to $409k. At year end it held assets of $442k against liabilities of $268k, net assets of $174k. It reported 24 employees.