Independence Care System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 104,001,788 | 101,097,500 | 2,904,288 | 1.6 | 9% |
| 2012 | 148,512,564 | 149,156,824 | −644,260 | 1.0 | 9% |
| 2013 | 266,912,517 | 265,892,386 | 1,020,131 | 0.6 | 6% |
| 2014 | 336,380,661 | 332,774,360 | 3,606,301 | 0.6 | 6% |
| 2015 | 374,019,074 | 388,016,900 | −13,997,826 | 0.1 | 6% |
| 2016 | 425,854,504 | 458,868,688 | −33,014,184 | -0.9 | 6% |
| 2017 | 463,381,857 | 488,798,001 | −25,416,144 | -1.5 | 6% |
| 2018 | 437,036,759 | 505,186,525 | −68,149,766 | -3.1 | 5% |
| 2019 | 10,424,062 | 13,008,923 | −2,584,861 | -14.0 | 57% |
| 2020 | 15,933,144 | 15,683,957 | 249,187 | 5.1 | 62% |
| 2021 | 18,543,015 | 15,574,541 | 2,968,474 | 6.9 | 59% |
| 2022 | 14,053,133 | 15,383,843 | −1,330,710 | 5.4 | 61% |
| 2023 | 13,540,682 | 14,875,810 | −1,335,128 | 4.6 | 62% |
In its most recent public year (2023), this organization spent $1,335,128 more than it brought in. Its reserves stood at about 4.6 months of spending, up from 1.6 in 2011. Staff pay was 62% of spending. $454,747 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 Care System 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