Independence Communities Inc
Conroe, Texas
B-Health Score
45B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$196K
Total Revenue
📊
$239K
Total Expenses
🏦
$861K
Net Assets
📋
$21K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+9.2%
Year-over-year change (2022 → 2023)
Net Margin
-22.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.60
Net assets divided by total expenses
Liabilities-to-Assets
2.4%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $195,551↑9% | $239,397↑7% | $882,180↓3% | |
| 2022 | $179,135↓1% | $224,723↑5% | $910,357↓3% | — |
| 2021 | $181,174↑17% | $213,477↓14% | $933,925↓6% | — |
| 2020 | $154,644↓1% | $247,289↑30% | $989,290↓4% | — |
| 2019 | $155,886↑4% | $190,929↑2% | $1,027,310↓2% | — |
| 2018 | $149,880↑14% | $186,697↑7% | $1,044,394↓2% | — |
| 2017 | $131,108↓1% | $173,758 | $1,068,403↓3% | — |
| 2016 | $132,108↑14% | $174,558↑7% | $1,099,219↓3% | — |
| 2015 | $116,007↓21% | $162,714↓2% | $1,127,912↓2% | — |
| 2014 | $147,246↑27% | $165,997↑5% | $1,156,243↓3% | — |
| 2013 | $116,386↑9% | $157,837↓2% | $1,193,878↓2% | — |
| 2012 | $107,153↑1% | $160,793↑7% | $1,219,194↓4% | — |
| 2011 | $106,429 | $150,651 | $1,265,365 | — |
Frequently Asked Questions
What does Independence Communities Inc do?▼
Independence Communities Inc is a housing & shelter nonprofit organization based in Texas. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Independence Communities Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Independence Communities Inc.
How much revenue does Independence Communities Inc generate?▼
Independence Communities Inc reports $209K in annual revenue and holds $845K in total assets, based on IRS filings.
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