Living Independence Network Corp

Analysis

Living Independence Network Corp is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in January 1994, 32 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 September 2023, Living Independence Network Corp reported income of $5.6m and spending of $5.6m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.2m to $5.6m (+7.9%), an average of +1.9% a year. The sharpest change came in the year to September 2023, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Independence Network Corp sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within ID. Charities of a similar size with the same main cause include Wellesley Community Childrens Center Inc ($5.6m), Near West Side Multi Service Corporation ($5.6m) and Westside Community Focus Inc ($5.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.6% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $109k (1.9% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $4.6m against liabilities of $327k, net assets of $4.2m. It reported 361 employees.