Development for Freedom International USA Inc

Analysis

Development for Freedom International USA Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Development for Freedom International USA Inc reported income of $762k and spending of $774k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $762k (+130%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 465%. Over the whole period it spent 60% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Development for Freedom International USA Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Southern California Immigration Project ($761k), Solidarity Mission Africa for Reconciliation and Development ($762k) and Ohel Avraham ($761k).

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 $2.2m against liabilities of $98k, net assets of $2.1m.