Independence Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,097,741 | 7,979,864 | 117,877 | 7.0 | 59% |
| 2012 | 8,751,231 | 8,717,421 | 33,810 | 6.4 | 61% |
| 2013 | 8,702,762 | 8,496,288 | 206,474 | 7.0 | 63% |
| 2014 | 9,136,761 | 8,953,361 | 183,400 | 7.1 | 64% |
| 2015 | 9,249,689 | 8,983,389 | 266,300 | 7.3 | 64% |
| 2016 | 9,484,013 | 9,437,594 | 46,419 | 6.9 | 65% |
| 2017 | 9,219,104 | 9,219,448 | −344 | 7.4 | 64% |
| 2018 | 10,060,510 | 10,069,439 | −8,929 | 6.8 | 65% |
| 2019 | 10,757,341 | 10,466,387 | 290,954 | 6.7 | 64% |
| 2020 | 9,420,010 | 9,860,008 | −439,998 | 6.6 | 64% |
| 2021 | 10,432,893 | 9,143,049 | 1,289,844 | 9.4 | 64% |
| 2022 | 10,715,783 | 11,131,281 | −415,498 | 7.0 | 66% |
| 2023 | 11,811,840 | 11,555,177 | 256,663 | 7.1 | 62% |
In its most recent public year (2023), this organization brought in $256,663 more than it spent. Its reserves stood at about 7.1 months of spending. Staff pay was 62% of spending. $202,731 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Independence Association Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works