Time for Freedom Inc

Analysis

Time for Freedom Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2022, Time for Freedom Inc reported income of $4.3m and spending of $4.1m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.6m to $4.3m (+64%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 93% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Time for Freedom Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Remerge Inc ($4.3m), Williamson County Childrens Advocacy Center Inc ($4.3m) and Western New York Law Center Inc ($4.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. At year end it held assets of $2.1m against liabilities of $1.1m, net assets of $976k.