Independent Living Waipahu Inc

Analysis

Independent Living Waipahu Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Independent Living Waipahu Inc reported income of $288k and spending of $886k, spending 307% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $288k (+3.3%), an average of +0.8% a year. Over the whole period it spent 193% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Independent Living Waipahu Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Village at Glencliff ($288k), Redmond Elderly Housing Association ($288k) and Dallas County Local Housing Trust Fund Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Other salaries and wages came to $60k. At year end it held assets of $3.7m against liabilities of $734k, net assets of $2.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.