Be Finally Free Inc

Analysis

Be Finally Free Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in September 2014, 12 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 2023, Be Finally Free Inc reported income of $183k and spending of $137k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $184k to $183k (-0.2%), an average of -0.2% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Be Finally Free Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Safetynet Inc ($183k), Mama Nyumba ($184k) and Indiana Members Foundation Inc ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $41k against liabilities of $68k, net assets of -$28k.