Public & Societal Benefit
(W30)
IRS Verified
DX Registered
THE INDEPENDENCE FUND INC
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$12.5M
Total Revenue
$13.3M
Total Expenses
$6.5M
Net Assets
54
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
75.4%
Fundraising Efficiency
0.0%
Operating Reserve
5.90x
Liability-to-Asset
14.0%
Revenue Diversification
92.9%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $12.5M | $13.3M | $6.5M | 75.4% | 54 |
| 2022 | $8.6M | $8.1M | N/A | — | 32 |
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