Freedom Center for Independent Living

Analysis

Freedom Center for Independent Living is a registered charity in United States, based in Middletown, DE. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Freedom Center for Independent Living reported income of $547k and spending of $366k, leaving 33% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $237k to $547k (+131%), an average of +23% a year. The sharpest change came in the year to September 2020, when income rose by 32%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom Center for Independent Living 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 72nd percentile, and in the 67th percentile within DE. Charities of a similar size with the same main cause include Mathematical Staircase ($547k), Aspire Group Inc ($547k) and Trinity School Endowment Corporation ($547k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $138k. At year end it held assets of $376k against liabilities of $95k, net assets of $282k. It reported 6 employees.