Successful Living Center

Analysis

Successful Living Center is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in March 2006, 20 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 December 2023, Successful Living Center reported income of $88k and spending of $88k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $134k to $88k (-34%), an average of -8.1% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Successful Living Center 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 34th percentile, and in the 33rd percentile within AL. Charities of a similar size with the same main cause include Food Bank of the Rockies Endowmentfund ($88k), Heritage Foundation ($88k) and Jans Circle of Friends ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $17k (19% of expenses). Other salaries and wages came to $26k. At year end it held assets of $105k against liabilities of $35k, net assets of $70k. It reported 5 employees.