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Illinois · Nonprofit

Independence Health & Therapy

Independence Health & Therapy (Illinois) receives grants from 20 organizations whose IRS filings report $1,812,660 to it, the largest being WILLOW SPRINGS CHARITABLE TRUST JENNY B STODDARD TRUSTEE ($500,000). 15 of them have funded it in more than one year.

Revenue FY2025
$3.5M
Funders on record
20
Grants received
$1.8M
Net assets
$2.1M
15/20 repeat funderspeak grant-dependency 16%
01What it does

What Independence Health & Therapy does

Mission

To provide adults, caregivers and families with programs and services promoting an enhanced quality of life.

As stated on its FY2025 Form 990.

Programs

  1. Adult Day Health - providing day care to adults within the community

    $381,789 spent$386,713 earned by the program
    14% of program spending
  2. Behavioral Health Services - providing assistance to adults suffering from a serious mental illness to develop or regain the skills to live, work, learn and participate fully in their communities.

    $1,098,038 spent$1,052,658 earned by the program
    40% of program spending
  3. Memory Care Program - providing person-centered care to address the individual needs and interest of adults with a dementia diagnosis.

    $436,171 spent$426,527 earned by the program
    16% of program spending
  4. Program Service Expenses 405,664, Grants and allocations 0, Revenue 644,834 Physical, Occupation and Speech Therapy - providing one-on-one physical, speech and occupational therapy for children and adults. Program Service Expenses 415,337, Grants and allocations 0, Revenue 459,183 Transportation - providing roundtrip transportation to program participants. Additionally, Independence Health Therapy works with partner agencies to offer transportation support to targeted programs.

    $821,001 spent$1,104,017 earned by the program
    30% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,736,999.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($2.1M) Expenses 100 ($2.0M) Net assets 100 ($1.2M)2018 Revenue 101 ($2.1M) Expenses 103 ($2.1M) Net assets 103 ($1.2M)2019 Revenue 132 ($2.8M) Expenses 147 ($3.0M) Net assets 213 ($2.5M)2020 Revenue 110 ($2.3M) Expenses 140 ($2.8M) Net assets 170 ($2.0M)2021 Revenue 146 ($3.1M) Expenses 121 ($2.5M) Net assets 244 ($2.9M)2022 Revenue 147 ($3.1M) Expenses 150 ($3.0M) Net assets 253 ($3.0M)2023 Revenue 120 ($2.5M) Expenses 154 ($3.1M) Net assets 211 ($2.5M)2024 Revenue 151 ($3.2M) Expenses 178 ($3.6M) Net assets 169 ($2.0M)2025 Revenue 165 ($3.5M) Expenses 165 ($3.3M) Net assets 175 ($2.1M)
'17'18'19'20'21'22'23'24'25
Revenue (165)Expenses (165)Net assets (175)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $2.1M to $3.5M (+64%).

$2.3M
$2.1M
$3.5M
$3.6M
$4.2M
$3.8M
$3.4M
$2.9M
$2.9M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 38% · 2018 16% · 2019 8% · 2020 20% · 2021 47% · 2022 32% · 2023 18% · 2024 12% · 2025 13%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$79k
’17
$37k
’18
−$182k
’19
−$530k
’20
$614k
’21
$55k
’22
−$593k
’23
−$423k
’24
$131k
’25
0.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

John Buckley

Executive Director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed9912131313131315
Joined·+2+6+1+1+1+1+2+3
No longer listed·23011121
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 12 funders, grant income rose $80k → $260k.

2 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Independence Health & Therapy’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Independence Health & Therapy leans on a few funders — its largest provides 28% of grant income and the top three 69%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

54% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Independence Health & Therapy.

28%
largest funder
69%
top three
~6
effective funders

Largest funder’s share by year: 2017 75% · 2018 59% · 2019 38% · 2020 48% · 2021 42% · 2022 46% · 2023 29% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

64% of Independence Health & Therapy's funders are still giving 3 years after their first grant; 75% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

94% of Independence Health & Therapy's grant income comes from Illinois funders.

IL
WI
AZ
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $333k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding Independence Health & Therapy receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $424k on record.

Federal$424k
grants $60kcontracts $364k
17
18
19
22
Top agencies
  • Department of Veterans Affairs$364k
  • Department of Health and Human Services$60k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Independence Health & Therapy

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 14%Fundraising 4%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for Independence Health & Therapy: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Independence Health & Therapy?
Independence Health & Therapy (Illinois) receives grants from 20 organizations whose IRS filings report $1,812,660 to it, the largest being WILLOW SPRINGS CHARITABLE TRUST JENNY B STODDARD TRUSTEE ($500,000). 15 of them have funded it in more than one year.
How many funders does Independence Health & Therapy have?
IRS filings report 20 organizations giving $1,812,660 in grants to Independence Health & Therapy, 15 of which have funded it in more than one year.
Who is the largest funder of Independence Health & Therapy?
WILLOW SPRINGS CHARITABLE TRUST JENNY B STODDARD TRUSTEE is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
How can an organization like Independence Health & Therapy find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Independence Health & Therapy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 20 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing