Independent Living of Willowood Inc

Analysis

Independent Living of Willowood Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in August 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Independent Living of Willowood Inc reported income of $174k and spending of $143k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $174k (+16%), an average of +3.7% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Independent Living of Willowood Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within MS. Charities of a similar size with the same main cause include Maclure Library Association Inc ($174k), Franklin County Historical Association ($174k) and A Peace of My Mind Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $59k. At year end it held assets of $543k against liabilities of $184k, net assets of $360k. It reported 1 employees.