Free 2 Teach Foundation

Analysis

Free 2 Teach Foundation is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in September 2012, 14 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 June 2023, Free 2 Teach Foundation reported income of $2.1m and spending of $1.8m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $2.1m (+56%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Free 2 Teach Foundation sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within AL. Charities of a similar size with the same main cause include Go Public Schools ($2.1m), Golda Och Academy Foundation Inc ($2.1m) and Institute for Democratic Education and Culture ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $143k. At year end it held assets of $2.1m against liabilities of $8,468, net assets of $2.0m. It reported 3 employees.