The Freedom & Virtue Institute Inc

Analysis

The Freedom & Virtue Institute Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in June 2009, 17 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, The Freedom & Virtue Institute Inc reported income of $440k and spending of $283k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $440k (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Freedom & Virtue Institute Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Vault Fostering Community ($439k), Pregnancy Care Center ($440k) and Katies House Incorporated ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Other salaries and wages came to $166k. At year end it held assets of $492k against liabilities of $4,966, net assets of $487k. It reported 4 employees.