Freedom Work Opportunities of Genesee County Inc

Analysis

Freedom Work Opportunities of Genesee County Inc is a registered charity in United States, based in Flushing, MI. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Freedom Work Opportunities of Genesee County Inc reported income of $2.6m and spending of $2.5m, spending 93% of its income. Across the 5 years on record, from September 2020 to September 2024, income fell from $2.7m to $2.6m (-0.2%), an average of -0.1% a year. The sharpest change came in the year to September 2022, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Freedom Work Opportunities of Genesee County Inc 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 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include People Powered - Global Hub for Participatory Democracy Inc ($2.6m), Saint Paul Downtown Alliance ($2.6m) and Harbor House Domestic Abuse Programs Inc ($2.6m).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $268k (11% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.4m against liabilities of $50k, net assets of $3.3m. It reported 27 employees.