Inner Voice Incorporated
Analysis
Inner Voice Incorporated is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Inner Voice Incorporated reported income of $4.3m and spending of $4.4m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.5m to $4.3m (+22%), an average of +6.7% a year. Over the whole period it spent 100% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inner Voice Incorporated 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 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Day One New York Inc ($4.3m), Fish of Vancouver ($4.3m) and Family Service of Marion and Harrison Counties Inc ($4.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 1.7% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $2.1m against liabilities of $1.3m, net assets of $865k. It reported 58 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 1.7%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Day One New York Inc | New York | $4.3m |
| Fish of Vancouver | Vancouver | $4.3m |
| Family Service of Marion and Harrison Counties Inc | Fairmont | $4.3m |
| Center for Urban Families Inc | Baltimore | $4.3m |