Freedom Challenge Inc

Analysis

Freedom Challenge Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Challenge Inc reported income of $293k and spending of $277k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $273k to $293k (+7.2%), an average of +3.5% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Freedom Challenge Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within KS. Charities of a similar size with the same main cause include Sikh Community Gurdwara - Los Angeles ($293k), Ministerio LA Palabra Uncion Y Fuego ($293k) and Joe Sneed Ministries Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 65% of the total. Other salaries and wages came to $97k. At year end it held assets of $87k against liabilities of $34k, net assets of $54k. It reported 9 employees.