Freedom From Unnecessary Negatives

Analysis

Freedom From Unnecessary Negatives is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 2007, 19 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 December 2020, Freedom From Unnecessary Negatives reported income of $275k and spending of $266k, spending 97% of its income. Across the 3 years on record, from December 2018 to December 2020, income fell from $529k to $275k (-48%), an average of -28% a year. The sharpest change came in the year to December 2019, when income dropped by 53%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom From Unnecessary Negatives sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within TN. Charities of a similar size with the same main cause include Flyte Partners ($275k), Bronze Valley Foundation ($276k) and Spartanaire Booster Club Inc ($275k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $49k (18% of expenses). At year end it held assets of $24k against liabilities of $0, net assets of $24k. It reported 1 employees.