The Freedom Center of Okc LLC
Analysis
The Freedom Center of Okc LLC is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2020, 6 years ago. 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 Freedom Center of Okc LLC reported income of $296k and spending of $314k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $594k to $296k (-50%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 40% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Freedom Center of Okc LLC sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Gregg County Historical Foundation ($296k), National Bowhunter Education Foundation ($296k) and Triad Honor Flight ($296k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $141k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gregg County Historical Foundation | Longview | $296k |
| National Bowhunter Education Foundation | Rapid City | $296k |
| Triad Honor Flight | Greensboro | $296k |
| Georgia Industrial Home Foundation Inc | Macon | $296k |