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F R E E International Inc

RegisteredEIN 26-1741216Henderson, NVPoverty relief
Income$351k2021-12
Spending$236ksame year
Spent / received81%3-year average
Size in its cause59th pctPoverty relief
Exempt since2020Publicly supported organisat
Employees0latest return

Analysis

F R E E International Inc is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in December 2020, 6 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 2021, F R E E International Inc reported income of $351k and spending of $236k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $269k to $351k (+30%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, F R E E International Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within NV. Charities of a similar size with the same main cause include Arkansas Hispanic Chamber of Commer Conexion de Negocios Latinos ($351k), Angels Safe Haven Inc ($351k) and Across the Bridge Inc ($351k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $101k (43% of expenses). At year end it held assets of $470k against liabilities of $0, net assets of $470k.

Income and spending

$0$88k$176k$263k$351k2019 Income: $269,2222019 Spending: $269,22220192020 Income: $251,1872020 Spending: $202,90820202021 Income: $351,2372021 Spending: $235,7002021
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Arkansas Hispanic Chamber of Commer Conexion de Negocios LatinosSpringdale$351k
Angels Safe Haven IncMiramar$351k
Across the Bridge IncLawrenceville$351k
Matthew 25 ThriftshopLititz$351k