Freedom House

Analysis

Freedom House is a registered charity in United States, based in Princeton, IL. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Freedom House reported income of $3.3m and spending of $3.0m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $3.3m (+67%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Freedom House sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include V&t Residential Services ($3.3m), Colettes Children Home Inc ($3.3m) and Vermont Community Loan Fund Inc ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $253k (8.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.2m against liabilities of $789k, net assets of $2.4m. It reported 49 employees.