Staff SGT Michael Ollis Freedom Foundation

Analysis

Staff SGT Michael Ollis Freedom Foundation is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in May 2015, 11 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 June 2024, Staff SGT Michael Ollis Freedom Foundation reported income of $66k and spending of $61k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $77k to $66k (-15%), an average of -14% a year. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Staff SGT Michael Ollis Freedom Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Wilkes Circles of Care Inc ($66k), Tena Cares Inc ($66k) and Rideability ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 64% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.