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Dynamic Indepencence Inc

RegisteredEIN 73-1254977Bartlesville, OKPoverty relief
Income$251k2023-09
Spending$242ksame year
Spent / received97%2-year average
Size in its cause53rd pctPoverty relief
Exempt since2023Publicly supported organisat
Employees4latest return

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

$0$63k$125k$188k$251k2022 Income: $205,1342022 Spending: $198,67620222023 Income: $250,8572023 Spending: $242,3122023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Marthas KitchenSt Albans$251k
Shekinah Resource FoundationWinston Salem$251k
Port City MakerspacePortsmouth$251k
Sweet BabiesSaint Louis$251k