American Independence Center

Analysis

American Independence Center is a registered charity in United States, based in Exeter, NH. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, American Independence Center reported income of $410k and spending of $462k, spending 113% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $308k to $410k (+33%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Independence Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within NH. Charities of a similar size with the same main cause include Art As Mentorship Inc ($410k), Four Way Books Inc ($410k) and Data-Driven Economic Strategies Inc ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.9% of the total. Other salaries and wages came to $203k. At year end it held assets of $841k against liabilities of $101k, net assets of $739k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.