Independent Journeys Inc

Analysis

Independent Journeys Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Independent Journeys Inc reported income of $747k and spending of $733k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $747k to $747k (+0.0%), an average of +0.0% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Independent Journeys Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Impact Hub ($747k), Save the Child Foundation ($747k) and Children and Family Services Inc ($747k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $189k (26% of expenses). Other salaries and wages came to $270k. At year end it held assets of $235k against liabilities of $48k, net assets of $186k. It reported 16 employees.