Future of Freedom Foundation Inc

Analysis

Future of Freedom Foundation Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover civil rights, social action and advocacy, 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 2023, Future of Freedom Foundation Inc reported income of $504k and spending of $427k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $560k to $504k (-10.0%), an average of -2.6% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 104% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Future of Freedom Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Indian Legal Assistance Program ($503k), Damascus Inc ($504k) and Moab Valley Multicultural Center ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $85k (20% of expenses). Other salaries and wages came to $102k. At year end it held assets of $381k against liabilities of $23k, net assets of $357k. It reported 3 employees.