Freedom for Life NFP

Analysis

Freedom for Life NFP is a registered charity in United States, based in Edwards, IL. It received its IRS tax-exemption ruling in May 2018, 8 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 for Life NFP reported income of $159k and spending of $190k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $159k (-5.9%), an average of -5.9% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom for Life NFP sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Foster Coalition Inc ($159k), Good Samaritan Food Pantry ($159k) and Flagstaff Shakespeare Festival ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.