Independence Place Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 24,790 | 14,327 | 10,463 | 8.8 | — |
| 2013 | 51,029 | 37,921 | 13,108 | 7.5 | — |
| 2014 | 86,413 | 50,008 | 36,405 | 14.4 | — |
| 2015 | 59,658 | 53,121 | 6,537 | 15.0 | — |
| 2016 | 76,076 | 60,064 | 16,012 | 16.5 | — |
| 2017 | 114,101 | 76,669 | 37,432 | 18.8 | — |
| 2018 | 112,598 | 97,769 | 14,829 | 16.5 | — |
| 2019 | 150,859 | 117,868 | 32,991 | 17.1 | — |
| 2020 | 138,340 | 95,507 | 42,833 | 26.5 | — |
| 2021 | 125,221 | 118,221 | 7,000 | 22.1 | — |
| 2022 | 133,216 | 130,614 | 2,602 | 20.2 | — |
| 2023 | 148,405 | 144,354 | 4,051 | 18.6 | — |
In its most recent public year (2023), this organization brought in $4,051 more than it spent. Its reserves stood at about 18.6 months of spending, up from 8.8 in 2012.
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
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