Suncoast Center for Independent Living Inc

Analysis

Suncoast Center for Independent Living Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Suncoast Center for Independent Living Inc reported income of $693k and spending of $665k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $552k to $693k (+26%), an average of +5.9% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Suncoast Center for Independent Living Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Infinite Horizons Learning Center Inc ($693k), Discover Polk Community Benefit District ($693k) and Underwood After School Program Inc ($693k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (12% of expenses). Other salaries and wages came to $283k. At year end it held assets of $493k against liabilities of $0, net assets of $493k. It reported 8 employees.