Center for Independence Inc

Analysis

Center for Independence Inc is a registered charity in United States, based in Grand Junction, CO. It received its IRS tax-exemption ruling in January 1990, 36 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, Center for Independence Inc reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.7m (+30%), an average of +6.7% a year. 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, Center for Independence Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Learn & Play Enrichment Academy ($1.7m), Sunshine Connections Inc ($1.7m) and St Joseph Peace Mission for Children ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $1.1m against liabilities of $127k, net assets of $982k. It reported 31 employees.