The Freedom Institute Inc

Analysis

The Freedom Institute Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in April 1992, 34 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, The Freedom Institute Inc reported income of $567k and spending of $319k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $667k to $567k (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2023, when income rose by 186%. 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 Institute Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Ponheary Ly Foundation ($567k), Second Chances Recovery & Retail Store Inc ($567k) and Leeds Foundation PBC Inc ($566k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $6.3m against liabilities of $182k, net assets of $6.1m.