The Independence Fund Inc
Charlotte, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $12,475,650↑46% | $13,307,657↑64% | $7,609,215↓3% | |
| 2022 | $8,567,110↑9% | $8,100,266↑44% | $7,812,789↓5% | — |
| 2021 | $7,884,607↑40% | $5,632,323↑13% | $8,188,141↑46% | — |
| 2020 | $5,645,725↓13% | $4,972,717↓47% | $5,616,879↑22% | — |
| 2019 | $6,457,795↑138% | $9,370,611↑128% | $4,603,509↓40% | — |
| 2018 | $2,716,829↓50% | $4,118,297↓51% | $7,625,323↓14% | — |
| 2017 | $5,441,653↓40% | $8,344,698↓28% | $8,862,174↓21% | — |
| 2016 | $9,130,188↓32% | $11,616,779↓23% | $11,158,103↓19% | — |
| 2015 | $13,414,286↓16% | $15,023,949↓4% | $13,760,973↓10% | — |
| 2014 | $16,015,189↓17% | $15,579,497↑217% | $15,370,636↑6% | — |
| 2013 | $19,315,353↑3045% | $4,917,666↑689% | $14,444,944↑27420% | — |
| 2012 | $614,164↑57% | $623,438↑74% | $52,488↓15% | — |
| 2011 | $392,335 | $358,394 | $61,762 | — |
Frequently Asked Questions
What does The Independence Fund Inc do?▼
The Independence Fund Inc is a public & societal benefit nonprofit organization based in North Carolina. It is classified under NTEE code W30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Independence Fund Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, The Independence Fund Inc has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does The Independence Fund Inc generate?▼
The Independence Fund Inc reports $6.1M in annual revenue and holds $3.9M in total assets, based on IRS filings.
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