Sister Margaret Freeman Foundation Inc

Analysis

Sister Margaret Freeman Foundation Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Sister Margaret Freeman Foundation Inc reported income of $91k and spending of $75, leaving 100% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $157k to $91k (-42%), an average of -13% a year. The sharpest change came in the year to September 2020, when income rose by 139%. Over the whole period it spent 30% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sister Margaret Freeman Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Atlas of the Lakes Area ($91k), Clipper Tots Daycare ($91k) and Four Paws to Freedom ($91k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.