Freedom a LA Cart

Analysis

Freedom a LA Cart is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 a LA Cart reported income of $2.9m and spending of $3.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.9m (+159%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Freedom a LA Cart sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Boys & Girls Clubs of Acadiana Inc ($2.9m), The Boys & Girls Clubs of the Northtowns of Wny Inc ($2.9m) and For the Children Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $120k (4.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.2m against liabilities of $939k, net assets of $1.2m. It reported 55 employees.