Friends of Freedom Inc

Analysis

Friends of Freedom Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Friends of Freedom Inc reported income of $78k and spending of $98k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $78k (+178%), an average of +178% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 136% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Freedom Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within AZ. Charities of a similar size with the same main cause include New Hampshire Peace Action Education Fund ($78k), Hope Without Borders-Usa Inc ($78k) and War Bride Experience Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 128% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.