License to Freedom

Analysis

License to Freedom is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, License to Freedom reported income of $897k and spending of $954k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $897k (+343%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 100%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, License to Freedom 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 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Collier Harvest Foundation ($896k), Cushman-Scott Childrens Center Inc ($897k) and Clark County Association for Handicapped Citizens Inc ($896k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $95k (10.0% of expenses). Other salaries and wages came to $321k. At year end it held assets of $435k against liabilities of $95k, net assets of $340k. It reported 10 employees.