Prairielands Freedom Fund

Analysis

Prairielands Freedom Fund is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. 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, Prairielands Freedom Fund reported income of $52k and spending of $10k, leaving 81% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $413k to $52k (-87%), an average of -64% a year. The sharpest change came in the year to December 2022, when income dropped by 72%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prairielands Freedom Fund sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within IA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($52k), Lake Almanor Peninsula Firemens Association ($52k) and Little League Baseball Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $684k against liabilities of $0, net assets of $684k.