Free Science Inc

Analysis

Free Science Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in February 2019, 7 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 August 2023, Free Science Inc reported income of $110k and spending of $168k, spending 154% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income fell from $131k to $110k (-17%), an average of -8.7% a year. The sharpest change came in the year to August 2023, when income dropped by 27%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Free Science Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include New York Master Barber Academy Inc ($110k), Omars Dream Foundation ($110k) and Lower Dauphin Communities That Care ($109k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $23k against liabilities of $40, net assets of $23k.