Freedom Business Alliance Inc

Analysis

Freedom Business Alliance Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2016, 10 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 (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, Freedom Business Alliance Inc reported income of $91k and spending of $130k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $91k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 120% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Freedom Business Alliance Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Olive Tree Projects ($91k), Funsepa US ($91k) and International Ministries of Hope ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $20k, net assets of $32k.