Religious Freedom Institute Inc
Analysis
Religious Freedom Institute Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Religious Freedom Institute Inc reported income of $1.8m and spending of $2.8m, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $1.8m (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 112% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Religious Freedom Institute Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 65th percentile within DC. Charities of a similar size with the same main cause include Ohio Construction Academy ($1.8m), Tri-State Educational Foundation ($1.8m) and Team Academy ($1.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $396k (14% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.0m against liabilities of $780k, net assets of $258k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ohio Construction Academy | Kent | $1.8m |
| Tri-State Educational Foundation | Iuka | $1.8m |
| Team Academy | Waseca | $1.8m |
| Cambridge Academy | Greenwood | $1.8m |