P โ€” Human ServicesEIN: 920137389ยท Ruling Year: 1995

Independent Living Center-homer

Homer, Alaska

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$1.8M
Total Revenue
๐Ÿ“Š
$1.6M
Total Expenses
๐Ÿฆ
$2.9M
Net Assets
๐Ÿ“‹
$124K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+14.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.86
Net assets divided by total expenses
Liabilities-to-Assets
4.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,847,286โ†‘14%$1,583,666โ†‘19%$3,061,582โ†‘11%
2022$1,626,084โ†“10%$1,331,758โ†“6%$2,765,165โ†‘9%
2021$1,813,289โ†‘15%$1,417,899โ†‘15%$2,546,437โ†‘27%
2020$1,574,008โ†‘11%$1,236,494โ†‘4%$2,012,375โ†‘22%
2019$1,418,621โ†“4%$1,191,409โ†‘7%$1,648,109โ†‘17%
2018$1,485,296โ†‘27%$1,111,244โ†‘2%$1,411,331โ†‘43%
2017$1,173,513โ†“6%$1,085,282โ†“9%$984,083โ†‘10%
2016$1,247,007โ†“4%$1,186,156โ†“7%$894,929โ†‘6%
2015$1,297,437โ†“2%$1,274,096โ†‘1%$842,932โ†“3%
2014$1,324,381โ†‘29%$1,266,624โ†‘28%$869,042โ†‘12%
2013$1,030,459โ†‘1%$992,152$772,688โ†‘9%
2012$1,017,121โ†“2%$994,165โ†“11%$707,658โ†‘2%
2011$1,036,734$1,118,380$692,474

Frequently Asked Questions

What does Independent Living Center-homer do?โ–ผ

Independent Living Center-homer is a human services nonprofit organization based in Alaska. It is classified under NTEE code P73Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Independent Living Center-homer financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Independent Living Center-homer has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Independent Living Center-homer generate?โ–ผ

Independent Living Center-homer reports $2.6M in annual revenue and holds $4.3M in total assets, based on IRS filings.

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Independent Living Center-homer โ€” Homer, AK | GiveScope