Free Spiritual Community

Analysis

Free Spiritual Community is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Free Spiritual Community reported income of $1.3m and spending of $572k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $435k to $1.3m (+209%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Free Spiritual Community sits at the 93rd percentile: it is larger than about 93% 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 Off the Wall Ministry ($1.3m), Siddhi Vinayaka Cultural Center Inc ($1.3m) and Morasha Vadaat Menuchat Olamim Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $110k (19% of expenses). Other salaries and wages came to $99k. It paid $9,356 in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $255k, net assets of $1.3m. It reported 11 employees.