Free to Run Inc

Analysis

Free to Run Inc is a registered charity in United States, based in Pawcatuck, CT. It received its IRS tax-exemption ruling in December 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 December 2023, Free to Run Inc reported income of $668k and spending of $586k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $668k (+192%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 241%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Free to Run Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Childrens Home of Wilkes-Barre ($668k), Youth Go Inc ($668k) and Acadiana After Care & Day Camps Inc ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $374k. At year end it held assets of $453k against liabilities of $17k, net assets of $436k. It reported 1 employees.