Freedom House Inc

Analysis

Freedom House Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1943, 83 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Freedom House Inc reported income of $103.8m and spending of $102.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $48.0m to $103.8m (+116%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Freedom House Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include World Education Services Inc ($99.9m), Jewish National Fund -Keren Kayemeth Leisrael- Inc ($105.4m) and Brothers Brother Foundation ($99.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $3.0m (3.0% of expenses). Other salaries and wages came to $15.2m. At year end it held assets of $33.1m against liabilities of $17.6m, net assets of $15.5m. It reported 234 employees.