Independence Village Inc

Analysis

Independence Village Inc is a registered charity in United States, based in Mountain Home, AR. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Independence Village Inc reported income of $133k and spending of $100k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $125k to $133k (+6.6%), an average of +6.6% a year. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Independence Village Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AR. Charities of a similar size with the same main cause include First Richland Morrow Housing Inc IX ($133k), New England Buying Consortium Incorporated ($133k) and Northern Area Homes Inc ($133k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $456k against liabilities of $353k, net assets of $104k.