Living Alternatives Inc

Analysis

Living Alternatives Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in October 1992, 34 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, Living Alternatives Inc reported income of $1.1m and spending of $956k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $829k to $1.1m (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Alternatives Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Family & Childrens Service of Fort Wayne Inc ($1.1m), Interchange Inc ($1.1m) and Alton Day Care & Learning Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 0.5% of the total. Other salaries and wages came to $238k. At year end it held assets of $3.3m against liabilities of $18k, net assets of $3.3m. It reported 17 employees.