Free Will Foundation Inc

Analysis

Free Will Foundation Inc is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Free Will Foundation Inc reported income of $765k and spending of $760k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $765k (+263%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Free Will Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Christian Neighbors S E ($765k), Poor Handmaids of Jesus Christ Foundation ($765k) and St Pauls Child Development Center Inc ($765k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $25k (3.3% of expenses). Other salaries and wages came to $212k. At year end it held assets of $389k against liabilities of $155k, net assets of $234k. It reported 15 employees.