Independence House Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,534,362 | 3,388,239 | 146,123 | 7.2 | 69% |
| 2022 | 4,660,983 | 3,715,166 | 945,817 | 9.6 | 68% |
| 2023 | 4,475,682 | 4,196,639 | 279,043 | 9.5 | 64% |
| 2024 | 4,198,150 | 3,841,247 | 356,903 | 11.6 | 64% |
In its most recent public year (2024), this organization brought in $356,903 more than it spent. Its reserves stood at about 11.6 months of spending, up from 7.2 in 2021. Staff pay was 64% of spending. $81,736 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 2024. 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
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