Free2play Academy Inc

Analysis

Free2play Academy Inc is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Free2play Academy Inc reported income of $63k and spending of $59k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $63k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 121% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Free2play Academy Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include First Bridge ($63k), Juneau Baseball Association Inc ($63k) and Matthew L Greer Childrens Foundation Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.