Freer Records Inc

Analysis

Freer Records Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Freer Records Inc reported income of $185k and spending of $247k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $246k to $185k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 76% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Freer Records Inc 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 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Pen & Sword ($185k), Truce Baton Rouge Inc ($185k) and Southeast Nebraska Casa ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $90k (36% of expenses). Other salaries and wages came to $12k. At year end it held assets of $167k against liabilities of $6,889, net assets of $160k. It reported 7 employees.