Independence Empowerment Center Inc

Analysis

Independence Empowerment Center Inc is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Independence Empowerment Center Inc reported income of $560k and spending of $491k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $446k to $560k (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Independence Empowerment Center Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Seacoast Child Advocacy Center Inc ($560k), Garden of Hope Inc ($560k) and Greenbrier County Child & Youth Advocacy Center ($560k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.2% of the total. Other salaries and wages came to $307k. At year end it held assets of $147k against liabilities of $70k, net assets of $77k. It reported 9 employees.