Freedom to Choose Inc

Analysis

Freedom to Choose Inc is a registered charity in United States, based in Catonsville, MD. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Freedom to Choose Inc reported income of $2.4m and spending of $1.9m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $2.4m (-7.6%), an average of -2.0% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom to Choose Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Olivewood Gardens & Learning Center Inc ($2.4m), Southeast Community Services Inc ($2.4m) and Highline Corporation ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $330k (17% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.4m against liabilities of $57k, net assets of $1.3m. It reported 29 employees.