Education Is Freedom Foundation

Analysis

Education Is Freedom Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Education Is Freedom Foundation reported income of $5.0m and spending of $4.4m, spending 87% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $3.1m to $5.0m (+65%), an average of +13% a year. The sharpest change came in the year to July 2023, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Is Freedom Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Reach for the Stars Learning Center ($5.0m), Cristo Rey Dallas High School Inc ($5.0m) and Texas Association of Secondary School Principals ($5.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $2.8m against liabilities of $660k, net assets of $2.1m. It reported 134 employees.