Techfreedom

Analysis

Techfreedom is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 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, Techfreedom reported income of $1.7m and spending of $1.9m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $988k to $1.7m (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Techfreedom sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 63rd percentile within DC. Charities of a similar size with the same main cause include National Sprint Car Hall of Fame & Museum Foundation Inc ($1.7m), Four Rivers Community Broadcasting Corporation ($1.7m) and Berkeley Ballet Theatre Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $392k (21% of expenses). Other salaries and wages came to $897k. At year end it held assets of $409k against liabilities of $64k, net assets of $345k. It reported 10 employees.