Freedom Writers Foundation

Analysis

Freedom Writers Foundation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in January 2003, 23 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 December 2023, Freedom Writers Foundation reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom Writers Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include New Hampshire Womens Foundation ($1.4m), Construction Education Foundation of Colorado ($1.4m) and Chemeketa Community College Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $80k (5.6% of expenses). Other salaries and wages came to $488k. At year end it held assets of $456k against liabilities of $435k, net assets of $21k. It reported 31 employees.