Egbert M Freese Foundation

Analysis

Egbert M Freese Foundation is a registered charity in United States, based in Galion, OH. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Egbert M Freese Foundation reported income of $404k and spending of $604k, spending 149% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $441k to $404k (-8.4%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 124% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Egbert M Freese Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Columbus Organizing Project ($404k), Holliston Pantry Shelf Inc ($404k) and Historic Hillsboro Downtown Partnership ($404k).

At year end it held assets of $9.2m against liabilities of $0, net assets of $9.2m.