Freewill Advocates of Midland Inc

Analysis

Freewill Advocates of Midland Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Freewill Advocates of Midland Inc reported income of $92k and spending of $61k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $92k (+170%), an average of +170% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freewill Advocates of Midland Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Maxcen Farmers Corporation Inc ($92k), Arms of Grace Pregnancy Resource Center ($92k) and Webster Dudley Food Share Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.