Independent Environments Inc

Analysis

Independent Environments Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in August 1979, 47 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 (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, Independent Environments Inc reported income of $6.8m and spending of $6.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $6.8m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Independent Environments Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Conservation Farms & Ranches ($6.8m), Community Housing of Maine Inc ($6.8m) and Shaker Pointe at Carondelet ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $244k (3.6% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $4.3m against liabilities of $1.6m, net assets of $2.7m. It reported 172 employees.