Freedom Payee Service

Analysis

Freedom Payee Service is a registered charity in United States, based in Independence, KS. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Freedom Payee Service reported income of $78k and spending of $64k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $28k to $78k (+176%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom Payee Service sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KS. Charities of a similar size with the same main cause include A Call Inc ($78k), Big Sis Inc ($78k) and Rotary District 6950 Charitable Foundation Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.