The Freedom Center Inc

Analysis

The Freedom Center Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in October 2001, 25 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 September 2023, The Freedom Center Inc reported income of $474k and spending of $446k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $473k to $474k (+0.3%), an average of +0.1% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Freedom Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Shepherd Foundation Ltd ($474k), Open Hearts for Orphans Inc ($474k) and Divine Intervention for Youth Inc ($474k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). Other salaries and wages came to $206k. At year end it held assets of $354k against liabilities of $20k, net assets of $335k. It reported 9 employees.