Independence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 545,511 | 537,375 | 8,136 | 1.5 | 46% |
| 2012 | 532,018 | 540,996 | −8,978 | 1.3 | 56% |
| 2013 | 610,028 | 589,714 | 20,314 | 1.6 | 58% |
| 2014 | 693,107 | 677,533 | 15,574 | 1.7 | 59% |
| 2015 | 696,098 | 738,514 | −42,416 | 0.9 | 58% |
| 2016 | 845,583 | 725,261 | 120,322 | 2.9 | 59% |
| 2017 | 737,937 | 705,052 | 32,885 | 2.8 | 56% |
| 2018 | 666,685 | 672,170 | −5,485 | 2.9 | 59% |
| 2019 | 745,286 | 707,954 | 37,332 | 3.4 | 61% |
| 2020 | 756,529 | 710,760 | 45,769 | 4.1 | 63% |
| 2021 | 912,492 | 892,489 | 20,003 | 3.6 | 54% |
| 2022 | 1,343,398 | 1,179,666 | 163,732 | 4.4 | 54% |
| 2023 | 1,459,692 | 1,328,070 | 131,622 | 5.1 | 52% |
In its most recent public year (2023), this organization brought in $131,622 more than it spent. Its reserves stood at about 5.1 months of spending, up from 1.5 in 2011. Staff pay was 52% 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 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