Freedom Village of Hope

Analysis

Freedom Village of Hope is a registered charity in United States, based in Jefferson Cty, TN. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Freedom Village of Hope reported income of $287k and spending of $197k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $239k to $287k (+20%), an average of +9.5% a year. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom Village of Hope sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Al Hadi Child Care Center GSRP ($287k), Greater Omaha Alliance for Business Ethics at Creighton University ($287k) and Parent Booster USA Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.