Freedom and Hope Foundation

Analysis

Freedom and Hope Foundation is a registered charity in United States, based in Prosperity, SC. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 and Hope Foundation reported income of $51k and spending of $20k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $51k (-12%), an average of -12% a year. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom and Hope Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 25th percentile within SC. Charities of a similar size with the same main cause include Cougar Valley 1 3 14 ($51k), Environmental Charter School Foundation ($51k) and Parent Booster USA Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 17% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.