Independence Square Incorporated

Analysis

Independence Square Incorporated is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 1984, 42 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 2024, Independence Square Incorporated reported income of $230k and spending of $184k, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $214k to $230k (+7.4%), an average of +1.4% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Independence Square Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Loaves & Fishes of the Fox Valley Inc ($230k), Treasure City ($230k) and Never Give Up Never Quit ($230k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $36k. At year end it held assets of $294k against liabilities of $84k, net assets of $210k.