Independent Living Horizons Four Inc

Analysis

Independent Living Horizons Four Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Four Inc reported income of $138k and spending of $202k, spending 147% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $133k to $138k (+3.4%), an average of +0.8% a year. Over the whole period it spent 141% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Independent Living Horizons Four Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Fountainville Project Inc ($137k), Millennium-Cudahy Inc ($138k) and Justin C Stewart Plaza Housing Corporation ($137k).

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 $296k against liabilities of $1.5m, net assets of -$1.2m.

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.