Independence Now Inc
Analysis
Independence Now Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 September 2023, Independence Now Inc reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.5m (+13%), an average of +3.0% a year. Over the whole period it spent 100% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Independence Now Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Start Childrens Center Inc ($1.5m), Free the People Fight the Power Foundation ($1.5m) and Wassmuth Center for Human Rights Home of the Anne Frank Memorial in ($1.5m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 76% and program service revenue 21% of the total. Other salaries and wages came to $750k. At year end it held assets of $1.5m against liabilities of $365k, net assets of $1.2m. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 21%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Start Childrens Center Inc | Troy | $1.5m |
| Free the People Fight the Power Foundation | Washington | $1.5m |
| Wassmuth Center for Human Rights Home of the Anne Frank Memorial in | Boise | $1.5m |
| Angels of Americas Fallen | Colorado SPGS | $1.5m |