Free Indeed

Analysis

Free Indeed is a registered charity in United States, based in Paradise, PA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Indeed reported income of $333k and spending of $330k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $664k to $333k (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Free Indeed sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Hands of Hope International ($333k), The Buddhist Center of New England Inc ($333k) and Kingdom Ministries ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $99k (30% of expenses). Other salaries and wages came to $9,910. At year end it held assets of $1.3m against liabilities of $12k, net assets of $1.3m. It reported 5 employees.