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Centers for Independence Inc

RegisteredEIN 39-1753381Milwaukee, WIOther charitable purposes
Income$10.0m2023-12
Spending$10.0msame year
Spent / received240%6-year average
Size in its cause95th pctOther charitable purposes
Exempt since1994Supporting organisation
Employees0latest return

Analysis

Centers for Independence Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Centers for Independence Inc reported income of $10.0m and spending of $10.0m, spending 100% of its income. The sharpest change came in the year to December 2022, when income rose by 359%. Over the whole period it spent 240% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centers for Independence Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Make-A-Wish Foundation of North Texas ($10.0m), Horizon Homes Inc ($10.0m) and Lutheran Social Services of Northeast Florida Inc ($10.0m).

At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.

Income and spending

$0$9.5m$19.0m$28.4m$37.9m2018 Income: $02018 Spending: $020182019 Income: $02019 Spending: $020192020 Income: $02020 Spending: $020202021 Income: $2,724,4772021 Spending: $37,929,04220212022 Income: $12,500,0002022 Spending: $12,500,00020222023 Income: $10,000,0002023 Spending: $10,000,0002023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Make-A-Wish Foundation of North TexasDallas$10.0m
Horizon Homes IncMankato$10.0m
Lutheran Social Services of Northeast Florida IncJacksonville$10.0m
Hudsonville Christian SchoolHudsonville$10.0m