Freedom Project Network

Analysis

Freedom Project Network is a registered charity in United States, based in Sunflower, MS. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Project Network reported income of $1.1m and spending of $376k, leaving 67% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $433k to $1.1m (+161%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Freedom Project Network sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within MS. Charities of a similar size with the same main cause include Hank Aaron Chasing the Dream Foundation Inc ($1.1m), Sportsmen for Charity ($1.1m) and Tides Two Rivers Fund ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $56k (15% of expenses). Other salaries and wages came to $97k. At year end it held assets of $1.4m against liabilities of $13k, net assets of $1.4m. It reported 9 employees.