Free the Captives

Analysis

Free the Captives is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Free the Captives reported income of $158k and spending of $205k, spending 129% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $835k to $158k (-81%), an average of -43% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Free the Captives sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Willie Mae Rivers Ministries ($158k), Giving Others Dreams God Inc ($158k) and KTB Financial Services Inc ($158k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $48k (23% of expenses). At year end it held assets of $2.8m against liabilities of $15k, net assets of $2.8m. It reported 2 employees.