Freefrom

Analysis

Freefrom is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2016, 10 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, Freefrom reported income of $4.8m and spending of $4.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $4.8m (+172%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 303%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freefrom sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Older Americans Service Corporation ($4.8m), Kennett Area Community Service ($4.8m) and Northwest Side Housing Center ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $800k (17% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $8.9m against liabilities of $65k, net assets of $8.8m. It reported 31 employees.