Harold M Freeman Educational Foundation

Analysis

Harold M Freeman Educational Foundation is a registered charity in United States, based in San Marcos, TX. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Harold M Freeman Educational Foundation reported income of $465k and spending of $376k, spending 81% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $255k to $465k (+82%), an average of +16% a year. The sharpest change came in the year to August 2023, when income rose by 58%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harold M Freeman Educational Foundation 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 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Heartsupport Inc ($465k), Brown County Humane Society ($465k) and Love Fund for Children Inc ($464k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 72% and program service revenue 14% of the total. At year end it held assets of $10.0m against liabilities of $0, net assets of $10.0m.