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 $2.3M in annual revenue and holds $3.6M in total assets, based on IRS filings.

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