Center for Independent Living of South Florida Inc

Analysis

Center for Independent Living of South Florida Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 1993, 33 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, Center for Independent Living of South Florida Inc reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $1.6m (+2.8%), an average of +0.7% a year. The sharpest change came in the year to September 2022, when income rose by 16%. 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, Center for Independent Living of South Florida Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Enfield Food Shelf Inc ($1.6m), Foster Village Inc ($1.6m) and Project Ropa ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 2.9% of the total. Other salaries and wages came to $850k. At year end it held assets of $3.9m against liabilities of $261k, net assets of $3.6m. It reported 15 employees.