Freedom Forum Institute Inc

Analysis

Freedom Forum Institute Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 2005, 21 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 2021, Freedom Forum Institute Inc reported income of $816k and spending of $1.3m, spending 162% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $9.0m to $816k (-91%), an average of -70% a year. The sharpest change came in the year to December 2020, when income dropped by 87%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom Forum Institute Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Grapevine-Colleyville Band Booster Club ($816k), Angeli Parvi ($816k) and Kuleana Education Inc ($816k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 44% and program service revenue 54% of the total. Other salaries and wages came to $395k. At year end it held assets of $1.1m against liabilities of $730k, net assets of $392k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.