Forever Free Foundation Inc

Analysis

Forever Free Foundation Inc is a registered charity in United States, based in Weatherford, TX. It received its IRS tax-exemption ruling in December 2011, 15 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, Forever Free Foundation Inc reported income of $231k and spending of $248k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $222k to $231k (+4.1%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Forever Free Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include New Beginning International House of Worship ($231k), Sanatana Hindu-Dharma International Vedic Awareness ($231k) and Romans Project ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (20% of expenses). At year end it held assets of $150k against liabilities of $921, net assets of $149k. It reported 2 employees.