Independent Living Resource Center

Analysis

Independent Living Resource Center is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 1990, 36 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 2021, Independent Living Resource Center reported income of $9.7m and spending of $9.5m, spending 97% of its income. Across the 3 years on record, from September 2019 to September 2021, income grew from $8.2m to $9.7m (+19%), an average of +8.9% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Independent Living Resource Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NM. Charities of a similar size with the same main cause include Northwest Assistance Ministries ($9.7m), Hospice Hawaii Inc ($9.7m) and Friends in Service Helping-Emergency Referral Service ($9.7m).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $321k (3.4% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $3.3m against liabilities of $1.9m, net assets of $1.4m. It reported 682 employees.