Student Freedom Initiative Inc

Analysis

Student Freedom Initiative Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Student Freedom Initiative Inc reported income of $19.7m and spending of $7.3m, leaving 63% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $50.1m to $19.7m (-61%), an average of -27% a year. The sharpest change came in the year to June 2022, when income dropped by 80%. Over the whole period it spent 9.5% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student Freedom Initiative Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 93rd percentile within DC. Charities of a similar size with the same main cause include Little Wound School Board Inc ($19.7m), New World Preparatory Charter School ($19.7m) and VMC Indemnity Company Inc ($19.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $508k (7.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $145.9m against liabilities of $850k, net assets of $145.0m. It reported 18 employees.