Land of the Free Foundation

Analysis

Land of the Free Foundation is a registered charity in United States, based in City of Industry, CA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Land of the Free Foundation reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.7m (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Land of the Free Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Haven of Hope ($1.7m), Foundation for Ethnic Understanding ($1.7m) and Mary W Guenzel Charitable Trust Dated February 5 2015 ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $183k against liabilities of $0, net assets of $183k.