Freedom Ride Rescue Inc

Analysis

Freedom Ride Rescue Inc is a registered charity in United States, based in Chisholm, MN. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Freedom Ride Rescue Inc reported income of $356k and spending of $348k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $202k to $356k (+76%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Freedom Ride Rescue Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Logans Heroes Animal Rescue ($356k), Raptor Research Foundation Inc ($357k) and Golden Retriever Freedom Rescue Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $109k against liabilities of $5,261, net assets of $104k.