The Freedom Tour Inc

Analysis

The Freedom Tour Inc is a registered charity in United States, based in Eagle Lake, FL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Freedom Tour Inc reported income of $1.2m and spending of $1.4m, spending 119% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $331k to $1.2m (+267%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 124%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Freedom Tour Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Altar Global Inc ($1.2m), Kneset Mordechai ($1.2m) and Worldharvest ($1.2m).

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 $112k (7.7% of expenses). Other salaries and wages came to $54k. At year end it held assets of $520k against liabilities of $276k, net assets of $244k. It reported 9 employees.