Independence Place Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 58,003 | 66,611 | −8,608 | 58.7 | 5% |
| 2013 | 57,663 | 87,583 | −29,920 | 40.5 | 15% |
| 2014 | 57,478 | 77,468 | −19,990 | 42.7 | 17% |
| 2015 | 57,155 | 73,337 | −16,182 | 42.5 | 0% |
| 2016 | 57,078 | 95,382 | −38,304 | 27.8 | 14% |
| 2017 | 56,574 | 78,329 | −21,755 | 30.6 | 6% |
| 2018 | 73,065 | 114,426 | −41,361 | 16.6 | 4% |
| 2019 | 77,843 | 79,866 | −2,023 | 23.5 | 6% |
| 2020 | 78,078 | 93,501 | −15,423 | 18.1 | 6% |
| 2021 | 76,556 | 99,617 | −23,061 | 14.2 | 7% |
| 2022 | 78,591 | 112,524 | −33,933 | 8.9 | 7% |
| 2023 | 78,087 | 73,606 | 4,481 | 14.4 | 6% |
| 2024 | 78,073 | 90,066 | −11,993 | 10.1 | 10% |
In its most recent public year (2024), this organization spent $11,993 more than it brought in. Its reserves stood at about 10.1 months of spending, down from 58.7 in 2012. Staff pay was 10% of spending. $81,662 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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