Center on Independent Living Coil Community Development Corp

Analysis

Center on Independent Living Coil Community Development Corp is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 on Independent Living Coil Community Development Corp reported income of $517k and spending of $487k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $493k to $517k (+4.7%), an average of +1.2% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Center on Independent Living Coil Community Development Corp sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Alpha Properties Inc ($517k), Obgc III Inc ($517k) and Boston Trailer Park Tenants Association ($516k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $51k (10% of expenses). Other salaries and wages came to $31k. At year end it held assets of $3.3m against liabilities of $2.1m, net assets of $1.2m. It reported 2 employees.