Freedom Farm Rescue Inc

Analysis

Freedom Farm Rescue Inc is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Farm Rescue Inc reported income of $130k and spending of $131k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $238k to $130k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 107% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Freedom Farm Rescue Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Rescued in SC ($130k), Bradshaw Mountain Wildlife Association ($130k) and Prairie Fire Farms Foundation Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $47k. At year end it held assets of $2,169 against liabilities of $0, net assets of $2,169. It reported 4 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.