Atlantic Center for Independent Living Inc

Analysis

Atlantic Center for Independent Living Inc is a registered charity in United States, based in Galloway, NJ. It received its IRS tax-exemption ruling in September 2017, 9 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, Atlantic Center for Independent Living Inc reported income of $581k and spending of $554k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $581k (+87%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 35%. 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, Atlantic Center for Independent Living Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Placerville Pre Schoolers Inc ($581k), Salt and Light Coalition NFP ($581k) and Care-A-Van Services ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.6% of the total. Other salaries and wages came to $239k. At year end it held assets of $364k against liabilities of $295k, net assets of $69k. It reported 8 employees.