Freedom Mobility Foundation

Analysis

Freedom Mobility Foundation is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in June 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, Freedom Mobility Foundation reported income of $213k and spending of $180k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $222k to $213k (-4.1%), an average of -4.1% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom Mobility Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Fentress Hope Foundation ($213k), Wrights Human Resources and Community Development Inc ($213k) and Butte Regional Transportation Corporation ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.