Freedom Mountains Inc

Analysis

Freedom Mountains Inc is a registered charity in United States, based in Pottstown, PA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Mountains Inc reported income of $2.3m and spending of $1.9m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.3m (+116%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom Mountains Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Wahupa Educational Enterprises Inc ($2.3m), Women S Care Center of Milwaukee Corporation ($2.3m) and Covenant Healthshare Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $451k (24% of expenses). Other salaries and wages came to $871k. At year end it held assets of $2.3m against liabilities of $56k, net assets of $2.2m. It reported 64 employees.