Freeside Technology Spaces

Analysis

Freeside Technology Spaces is a registered charity in United States, based in Hapeville, GA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Freeside Technology Spaces reported income of $124k and spending of $92k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $124k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Freeside Technology Spaces sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Chsee Inc ($124k), Codington County Historical Society Inc ($124k) and New York Concert Artists & Associates Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.3% of the total. At year end it held assets of $116k against liabilities of $19k, net assets of $97k.