Independent Living Horizons Two Inc

Analysis

Independent Living Horizons Two Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Independent Living Horizons Two Inc reported income of $84k and spending of $117k, spending 139% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $69k to $84k (+23%), an average of +5.2% a year. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Independent Living Horizons Two Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include Titus Two Partnership Incorporated ($84k), Seminole County Firefighters Benevolent Association Inc ($84k) and Villas at Bayou Park Inc ($84k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $119k against liabilities of $582k, net assets of -$463k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.