Freedom Through Education

Analysis

Freedom Through Education is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Freedom Through Education reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom Through Education sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Homer F and Marian G Broome Family Foundation ($1.4m), American Schools International Incorporated ($1.4m) and Society for Scholarly Publishing ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $106k (8.1% of expenses). Other salaries and wages came to $372k. At year end it held assets of $1.1m against liabilities of $660k, net assets of $482k. It reported 17 employees.