Freedom Center Texas

Analysis

Freedom Center Texas is a registered charity in United States, based in Dumas, TX. It received its IRS tax-exemption ruling in March 1990, 36 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 August 2023, Freedom Center Texas reported income of $737k and spending of $766k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $622k to $737k (+18%), an average of +4.3% a year. The sharpest change came in the year to August 2020, when income dropped by 47%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom Center Texas sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Great Plays Inc ($737k), Austins House ($737k) and Childrens Zone Inc Urb Forest View ($737k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $469k. At year end it held assets of $508k against liabilities of $28k, net assets of $480k. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.