Freedom Athletic Association

Analysis

Freedom Athletic Association is a registered charity in United States, based in Freedom, WI. It received its IRS tax-exemption ruling in April 1969, 57 years ago. 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 Athletic Association reported income of $255k and spending of $234k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $179k to $255k (+42%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Freedom Athletic Association sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Little League Baseball Inc ($254k), St Vincent de Paul Particular Council of Cedar Rapids Iowa ($255k) and Make It Work ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 71% of the total. At year end it held assets of $446k against liabilities of $0, net assets of $446k.