Erie Independence House Inc

Analysis

Erie Independence House Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in January 1975, 51 years ago. 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 June 2023, Erie Independence House Inc reported income of $3.2m and spending of $2.8m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.2m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Erie Independence House Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include The Family Y ($3.2m), Seeds of Hope of Northern Colorado Inc ($3.2m) and Milpa ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 7.1% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $4.2m against liabilities of $391k, net assets of $3.8m. It reported 141 employees.