Independence Charitable Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 621,377 | 166,950 | 454,427 | 301.4 | 0% |
| 2012 | 298,952 | 173,483 | 125,469 | 313.4 | 0% |
| 2013 | 370,712 | 186,033 | 184,679 | 320.4 | 0% |
| 2014 | 198,149 | 204,522 | −6,373 | 287.2 | 0% |
| 2015 | −123,107 | 170,040 | −293,147 | 308.9 | 0% |
| 2016 | −195,584 | 186,132 | −381,716 | 269.6 | 0% |
| 2017 | 321,622 | 171,100 | 150,522 | 312.3 | 0% |
| 2018 | 266,462 | 182,747 | 83,715 | 278.0 | 0% |
| 2019 | −70,933 | 191,324 | −262,257 | 289.0 | 0% |
| 2020 | 966,832 | 191,485 | 775,347 | 361.6 | 0% |
| 2021 | 222,118 | 189,853 | 32,265 | 402.3 | 0% |
| 2022 | −320,819 | 210,626 | −531,445 | 285.8 | 0% |
| 2023 | 110,293 | 215,150 | −104,857 | 300.2 | 0% |
In its most recent public year (2023), this organization spent $104,857 more than it brought in. Its reserves stood at about 300.2 months of spending, down from 301.4 in 2011. Staff pay was 0% 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 Charitable Trust'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