Freedom City Inc

Analysis

Freedom City Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2020, 6 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 City Inc reported income of $869k and spending of $890k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $1,478 to $869k (+58700%), an average of +738% a year. The sharpest change came in the year to December 2021, when income rose by 25864%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom City Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OK. Charities of a similar size with the same main cause include Georgia United Credit Union Foundation Inc ($869k), Abundant Life Christian Schoolfoundation Inc ($869k) and Caves Valley Golf Club Foundation Inc ($869k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $84k (9.5% of expenses). Other salaries and wages came to $442k. At year end it held assets of $135k against liabilities of $222k, net assets of -$87k. It reported 30 employees.