Independent Living Resources Inc

Analysis

Independent Living Resources Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1980, 46 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 September 2023, Independent Living Resources Inc reported income of $1.0m and spending of $1.0m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $973k to $1.0m (+3.6%), an average of +0.9% a year. The sharpest change came in the year to September 2022, when income dropped by 25%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Independent Living Resources Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OR. Charities of a similar size with the same main cause include League of Prayer Inc ($1.0m), Pacific Ballroom Dance ($1.0m) and USA Swimming Inc ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $123k (12% of expenses). Other salaries and wages came to $486k. At year end it held assets of $674k against liabilities of $296k, net assets of $378k. It reported 14 employees.