American Freedom Assembly Inc

Analysis

American Freedom Assembly Inc is a registered charity in United States, based in Trussville, AL. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, American Freedom Assembly Inc reported income of $125k and spending of $156k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $174k to $125k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Freedom Assembly Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include Linden Economic Development Corp ($125k), Creepy Walk in the Woods ($125k) and Cornhusker CHP Assoc BLDRS & Contr Apprenticeship & Training TR Fund ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (49% of expenses). Other salaries and wages came to $35k. At year end it held assets of $15k against liabilities of $38k, net assets of -$23k. It reported 2 employees.