Center for Independent Living Inc

Analysis

Center for Independent Living Inc is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in November 1982, 44 years ago. 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 March 2023, Center for Independent Living Inc reported income of $541k and spending of $588k, spending 109% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $564k to $541k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to March 2022, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Independent Living Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within NV. Charities of a similar size with the same main cause include Volunteers of America Inc ($541k), Student Bodies of Bonita Unified School District ($541k) and Be Noble Inc ($541k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $61k (10% of expenses). Other salaries and wages came to $196k. At year end it held assets of $432k against liabilities of $230k, net assets of $202k. It reported 7 employees.