Daily Living Centers Inc

Analysis

Daily Living Centers Inc is a registered charity in United States, based in Bethany, OK. It received its IRS tax-exemption ruling in January 1978, 48 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 June 2023, Daily Living Centers Inc reported income of $2.8m and spending of $2.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.8m (+27%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daily Living Centers Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include First West Thrift Store ($2.8m), Gladden Community House ($2.8m) and Generations Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $209k (8.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $6.5m against liabilities of $1.3m, net assets of $5.2m. It reported 58 employees.