Freedom 7 Fundraising Committee

Analysis

Freedom 7 Fundraising Committee is a registered charity in United States, based in Cocoa Beach, FL. It received its IRS tax-exemption ruling in December 2001, 25 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 June 2023, Freedom 7 Fundraising Committee reported income of $192k and spending of $71k, leaving 63% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $127k to $192k (+51%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom 7 Fundraising Committee sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Joy School Endowment Fund ($192k), Dreamshadow Group ($192k) and Black Fives Foundation ($192k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.