Independence Heights Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 316,938 | 403,839 | −86,901 | 100.7 | 15% |
| 2012 | 320,949 | 426,598 | −105,649 | 92.4 | 17% |
| 2013 | 325,005 | 412,791 | −87,786 | 92.9 | 19% |
| 2014 | 321,407 | 431,003 | −109,596 | 86.0 | 21% |
| 2015 | 350,298 | 432,344 | −82,046 | 83.4 | 21% |
| 2016 | 348,692 | 476,778 | −128,086 | 72.4 | 21% |
| 2017 | 301,916 | 454,124 | −152,208 | 72.3 | 16% |
| 2018 | 385,046 | 460,236 | −75,190 | 69.4 | 17% |
| 2019 | 392,724 | 409,437 | −16,713 | 77.5 | 18% |
| 2020 | 395,846 | 490,810 | −94,964 | 62.3 | 18% |
| 2021 | 391,814 | 461,343 | −69,529 | 64.5 | 19% |
| 2022 | 501,749 | 522,333 | −20,584 | 58.7 | 17% |
| 2023 | 413,869 | 550,643 | −136,774 | 53.4 | 17% |
In its most recent public year (2023), this organization spent $136,774 more than it brought in. Its reserves stood at about 53.4 months of spending, down from 100.7 in 2011. Staff pay was 17% of spending. $3,982,800 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 Heights 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