Independence Cay Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 97,658 | 80,225 | 17,433 | 2.6 | — |
| 2010 | 85,974 | 90,684 | −4,710 | 1.7 | — |
| 2011 | 226,704 | 140,274 | 86,430 | 8.5 | 0% |
| 2013 | 112,422 | 94,425 | 17,997 | 5.3 | 31% |
| 2014 | 100,987 | 87,250 | 13,737 | 7.7 | 41% |
| 2015 | 103,071 | 104,091 | −1,020 | 6.3 | 12% |
| 2016 | 102,329 | 118,711 | −16,382 | 3.9 | 13% |
| 2017 | 124,253 | 119,251 | 5,002 | 4.4 | 12% |
| 2018 | 178,059 | 141,023 | 37,036 | 6.8 | 23% |
| 2019 | 137,847 | 135,931 | 1,916 | 7.3 | 15% |
| 2020 | 133,833 | 127,547 | 6,286 | 8.3 | 10% |
| 2021 | 159,120 | 138,050 | 21,070 | 9.5 | 9% |
| 2022 | 129,712 | 136,276 | −6,564 | 9.1 | 8% |
| 2023 | 123,980 | 132,031 | −8,051 | 8.6 | 9% |
In its most recent public year (2023), this organization spent $8,051 more than it brought in. Its reserves stood at about 8.6 months of spending, up from 2.6 in 2009. Staff pay was 9% of spending.
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 Cay 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