Independent Production Fund Inc

Analysis

Independent Production Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Independent Production Fund Inc reported income of $236k and spending of $251k, spending 106% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $115k to $236k (+106%), an average of +20% a year. The sharpest change came in the year to January 2021, when income rose by 106%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Independent Production Fund Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Friends of St John ($236k), Nami-Kane-South Dekalb & Kendall Counties Inc ($236k) and Council of State Science Supervisors ($236k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 53% and program service revenue 2.7% of the total. At year end it held assets of $760k against liabilities of $360k, net assets of $400k.