The Freebsd Foundation

Analysis

The Freebsd Foundation is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, The Freebsd Foundation reported income of $1.3m and spending of $1.9m, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.3m (-44%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Freebsd Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Museum of Contemporary Art Detroit ($1.3m), American Ornithological Society ($1.3m) and Inner Arbor Trust Inc ($1.3m).

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 $306k (16% of expenses). Other salaries and wages came to $532k. At year end it held assets of $4.9m against liabilities of $44k, net assets of $4.9m. It reported 5 employees.