Independence First Foundation Inc

Analysis

Independence First Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Independence First Foundation Inc reported income of $591k and spending of $914k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $591k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 705%. Over the whole period it spent 176% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Independence First Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Smart Recovery International Inc ($591k), Alliance for Patient Medication Safety ($591k) and Expectations Womens Center ($591k).

At year end it held assets of $15.9m against liabilities of $15k, net assets of $15.9m.