Freedom Lodge Inc

Analysis

Freedom Lodge Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Lodge Inc reported income of $603k and spending of $702k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $506k to $603k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom Lodge Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Agricultural Society of Dawson County Inc ($603k), The Arc of Allen County ($603k) and Addy S Hope Adoption Agency ($603k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $149k (21% of expenses). Other salaries and wages came to $168k. At year end it held assets of $100k against liabilities of $555, net assets of $99k. It reported 6 employees.