C U Independence Inc

Analysis

C U Independence Inc is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in September 1985, 41 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 2024, C U Independence Inc reported income of $275k and spending of $218k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $250k to $275k (+9.8%), an average of +2.4% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, C U Independence Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Afcea Educational Foundation ($275k), Helping Hands of Columbus Inc ($275k) and Community Nursery of Cayuga Heights Inc ($275k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $413k against liabilities of $416k, net assets of -$3,575.