Freewishes Foundation Inc

Analysis

Freewishes Foundation Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in September 2025. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2020, Freewishes Foundation Inc reported income of $143k and spending of $70k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $1.3m to $143k (-89%), an average of -89% a year. The sharpest change came in the year to December 2020, when income dropped by 89%. Over the whole period it spent 27% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Freewishes Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include Hopewell Downtown Partnership Inc ($143k), Morro Bay Community Quota Fund ($143k) and National Association of State Motorcycle Safety Administrators ($143k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.4m against liabilities of $15k, net assets of $2.4m.