Fort Freedom Inc

Analysis

Fort Freedom Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in March 2020, 6 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, Fort Freedom Inc reported income of $1.0m and spending of $1.1m, spending 110% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $268k to $1.0m (+275%), an average of +55% a year. The sharpest change came in the year to December 2021, when income rose by 150%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fort Freedom Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Sierra Senior Providers Inc ($1.0m), Center for Advancing Domestic Peace Inc ($1.0m) and Childrens Home Society of Florida Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $38k (3.5% of expenses). Other salaries and wages came to $314k. At year end it held assets of $265k against liabilities of $112k, net assets of $153k. It reported 8 employees.