Dynamic Indepencence Inc
Analysis
Dynamic Indepencence Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in May 2023, 3 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 September 2023, Dynamic Indepencence Inc reported income of $251k and spending of $242k, spending 97% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $205k to $251k (+22%), an average of +22% a year. The sharpest change came in the year to September 2023, when income rose by 22%. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dynamic Indepencence Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within OK. Charities of a similar size with the same main cause include Marthas Kitchen ($251k), Shekinah Resource Foundation ($251k) and Port City Makerspace ($251k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $151k. At year end it held assets of $2,198 against liabilities of $672, net assets of $1,526. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Marthas Kitchen | St Albans | $251k |
| Shekinah Resource Foundation | Winston Salem | $251k |
| Port City Makerspace | Portsmouth | $251k |
| Sweet Babies | Saint Louis | $251k |