Virgin Islands Association of Independent Living Inc

Analysis

Virgin Islands Association of Independent Living Inc is a registered charity in United States, based in St Thomas, VI. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Virgin Islands Association of Independent Living Inc reported income of $358k and spending of $386k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $371k to $358k (-3.6%), an average of -0.9% a year. The sharpest change came in the year to September 2020, when income rose by 66%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virgin Islands Association of Independent Living 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 65th percentile, and in the 69th percentile within VI. Charities of a similar size with the same main cause include Kyler Cares Foundation ($358k), Lettuce Work Foundation Inc ($358k) and Community Advocates of Northern Indiana Corp ($357k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $107k. At year end it held assets of $1.3m against liabilities of $17k, net assets of $1.3m.