Families to Freedom Inc

Analysis

Families to Freedom Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Families to Freedom Inc reported income of $764k and spending of $609k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $210k to $764k (+264%), an average of +54% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families to Freedom 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 80th percentile within TX. Charities of a similar size with the same main cause include Soulard Education Center Inc ($764k), Pregnancy Care Center of Grants Pass ($764k) and Streator Child Development Center ($764k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $349k. At year end it held assets of $416k against liabilities of $33k, net assets of $383k. It reported 12 employees.