Logo for "The Independence Fund Inc"

The Independence Fund Inc

The Independence Fund Inc

Charlotte, NC, US
501(c)3
EIN
26-0322088
Logo for "The Independence Fund Inc"

The Independence Fund Inc

Charlotte, NC, US
501(c)3
EIN
26-0322088

Overview

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Est.

2007

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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The Independence Fund Inc, with EIN 26-0322088, is a nonprofit organization dedicated to serving the Warfighter community by providing programs and services that promote the physical, mental, emotional, and spiritual independence of service members, combat Veterans, caregivers, families, and allies. Operating with a budget of $8.8 million and generating total revenue of $6.1 million in 2024, the organization does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at https://independencefund.org/.

Mission Statement

To serve the Warfighter community by providing programs and services that foster the physical, mental, emotional, and spiritual independence of our service members, combat Veterans, Caregivers, families and Allies.
Revenues

$6.1M

Expenses

$9.8M

Net Income:
-$3.6M
Assets

$3.9M

Liabilities

$665.1K

Net Assets:
+$3.2M
Operating Budget

$8.8M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

40

Median grant size
$15K
Largest grant received
$130K
S
Sarah Verado
Board Member
D
Dena Lecompt
Board Member
J
Jennifer Korn
Board Member

Frequently Asked Questions

What is The Independence Fund Inc’s budget?
In 2024, The Independence Fund Inc reported an annual operating budget of around $8.8 million. More detailed financial information is available to registered users.
What causes does The Independence Fund Inc support?
The Independence Fund Inc supports work in Public/private ventures and Military & Veterans Organizations.
Where does The Independence Fund Inc operate?
The Independence Fund Inc is headquartered in Charlotte, NC.
Who funded The Independence Fund Inc recently?
In 2025, The Independence Fund Inc received grants from HALBROOK FAMILY FOUNDATION, JES EDWARDS FOUNDATION, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant The Independence Fund Inc received in 2024?
The largest grant to The Independence Fund Inc in 2024 exceeds $130 thousand.
What is The Independence Fund Inc’s reliance on government grants?
The Independence Fund Inc relied on government grants for more than 35% of their total revenue in 2024.
Overview
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