Freedom 4-24

Analysis

Freedom 4-24 is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 4-24 reported income of $642k and spending of $608k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $642k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Freedom 4-24 sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Estonian American Fund for Economic Education ($641k), Junior Achievement of Northeastern New York ($642k) and Haiti Mission Inc ($641k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $264k. At year end it held assets of $269k against liabilities of $0, net assets of $269k. It reported 8 employees.