INDEPENDENCE INC
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2025
$1,817,249
Government Grants
91%
Contributions
9%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2025
$1,837,229
Salaries & Benefits
59%
Other
28%
Offices, Occupancy & IT
7%
Depreciation
4%
Interest
1%
Advertising & Promotion
<1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$172,153
$168,557
-2%
Government Grants
$1,497,769
$1,648,148
+10%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$640
$544
-15%
Total Revenues
$1,670,562
$1,817,249
+9%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,007,018
$1,078,702
+7%
Fees to Service Providers
$6,605
$7,104
+8%
Advertising & Promotion
$9,024
$7,505
-17%
Offices, Occupancy & IT
$78,902
$137,550
+74%
Interest
$95,427
$22,278
-77%
Depreciation
$65,475
$67,959
+4%
Other
$421,877
$516,131
+22%
Total Expenses
$1,684,328
$1,837,229
+9%
Net income
2024
2025
Change
Net income
-$13,766
-$19,980
-45%
Functional Expenses
Summary
2024
2025
Change
Program
$1,340,724
$1,529,805
+14%
Admin
$311,131
$297,387
-4%
Fundraising
$32,473
$10,037
-69%
Total Expenses
$1,684,328
$1,837,229
+9%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)