Endependence Center Inc

Analysis

Endependence Center Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Endependence Center Inc reported income of $2.0m and spending of $2.0m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $2.0m (+0.5%), an average of +0.1% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Endependence Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include National Recall Alert Center ($2.0m), Muslim Federation of New Jersey Inc ($2.0m) and Maumelle Foundation for Education Inc ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $97k (4.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $722k against liabilities of $103k, net assets of $618k. It reported 29 employees.